Here is the latest Toyota/Lexus news:
Toyota announced its operating profit fell 15 percent in the latest quarter and they are lowering their annual forecast to a four-year low. Executives blame the profit loss on a strong Yen affecting exchange rates and the changing appetites of U.S. consumers who simply aren’t buying staple models – Camry, Corolla and Prius – like they used to according to an Autonews.com story. Toyota says they will respond by cutting payroll and looking for additional savings. While that is a short-term fix, the long-term solution, I think, should be reacting to the market trends and investing more resources into the Tundra.
Here is the latest news for Toyota and Lexus.
The surprising resurgence in mid-size trucks has fueled another month of increased truck sales with those trucks dominating the results. While their full-size brethren tried to keep pace, the mid-size trucks were really the July sales stars.
Now on Tacomahq.com – 2017 Toyota Tacoma TRD Pro Pricing, 2018 Nissan Frontier Predictions, 2017 Chevy Colorado ZR2 Spied, 2019 Jeep Pickup Speculation
The mid-size market has been exploding lately and with it so is the news. Don’t miss a slew of articles on new and upcoming trucks over at Tacomahq.com including pricing for the 2017 Toyota Tacoma TRD Pro.