Lexus/Toyota Production News
03-31-11, 12:04 AM
#1
Driver
Thread Starter
Lexus/Toyota Production News
(Note: this is from 2011 - see bottom for latest)
http://www.autonews.com/apps/pbcs.dl...110339997/1491
Thinking of buying a new Lexus/Toyota then better read this. It might be best to see what you can find before dealer stocks dry up.
http://www.autonews.com/apps/pbcs.dl...110339997/1491
Thinking of buying a new Lexus/Toyota then better read this. It might be best to see what you can find before dealer stocks dry up.
Last edited by bitkahuna; 03-12-12 at 08:21 AM.
03-31-11, 03:56 AM
#4
problem will probably be with Lexus models, especially hot in demand CT200h, and then Toyota's that are not produced in USA.
Luckily, 70% of sold models in the USA are produced in the USA.
Luckily, 70% of sold models in the USA are produced in the USA.
03-31-11, 04:42 AM
#5
Lexus Connoisseur
This is just a temporary issue. Once production ramps back up to 100%, supplies will start flowing and shortages will not be an issue. Theres no reason to be alarmed unless you're in the market for a Scion xD or xB. Prius, HS and CT are in high demand right now because they are hybrids and the cost of gas is rising. Just wait a few months and the shortages will be no more. Toyota is pretty smart with the regulation of their production system. Each factory in North America has a parts supply of at least 30 days in case of any type of production interruption. I suspect Japan runs the same if not more.
Toyota Motor Corp.
UPDATED: 9:14 a.m. ET, 3/30/11
U.S.:
• Informed dealers March 25 that they face a shortage of 233 parts numbers for at least 30 days; Toyota Motor Sales will not fill any orders of short-inventory parts to replenish dealer stock
• North American vehicle and engine plants (13) running; overtime curtailed
• Sent memo to workers in U.S. and Canada March 23, warning thinning supplies will cause some interruptions in production; no definite time frame for stoppages
• Prius availability in the U.S. could be affected by damage to a hybrid battery plant; RAV4 crossover also affected
Japan:
•Miyagi assembly plant (Yaris for U.S. export) to be offline until at least late April; can’t get supply of natural gas
•Domestic plants (18) expected to remain offline until April 14; affects almost all Toyota and Lexus brand cars
•Production of Toyota Prius, Lexus HS250h and CT 200h hybrids halted March 30; will resume on March 31 on half capacity; had previously resumed limited production March 28
•Delayed shift of Corolla production (for domestic market) from Sagamihara plant to Miyagi plant until May
• Resumed production of replacement parts for vehicles already on the market on March 17; resumed production of parts for overseas production on March 21
• Damaged: The Central Motor plant in Miyagi, which manufactures the Yaris; the Kanto Auto Works Iwate plant, the Scion xB and xD models; parts plants in Hokkaido and Tohoku
•Delayed Japanese launch of wagon-style Prius; not expected to affect U.S. or European launch
Originally Posted by Autonews
Toyota Motor Corp.
UPDATED: 9:14 a.m. ET, 3/30/11
U.S.:
• Informed dealers March 25 that they face a shortage of 233 parts numbers for at least 30 days; Toyota Motor Sales will not fill any orders of short-inventory parts to replenish dealer stock
• North American vehicle and engine plants (13) running; overtime curtailed
• Sent memo to workers in U.S. and Canada March 23, warning thinning supplies will cause some interruptions in production; no definite time frame for stoppages
• Prius availability in the U.S. could be affected by damage to a hybrid battery plant; RAV4 crossover also affected
Japan:
•Miyagi assembly plant (Yaris for U.S. export) to be offline until at least late April; can’t get supply of natural gas
•Domestic plants (18) expected to remain offline until April 14; affects almost all Toyota and Lexus brand cars
•Production of Toyota Prius, Lexus HS250h and CT 200h hybrids halted March 30; will resume on March 31 on half capacity; had previously resumed limited production March 28
•Delayed shift of Corolla production (for domestic market) from Sagamihara plant to Miyagi plant until May
• Resumed production of replacement parts for vehicles already on the market on March 17; resumed production of parts for overseas production on March 21
• Damaged: The Central Motor plant in Miyagi, which manufactures the Yaris; the Kanto Auto Works Iwate plant, the Scion xB and xD models; parts plants in Hokkaido and Tohoku
•Delayed Japanese launch of wagon-style Prius; not expected to affect U.S. or European launch
03-31-11, 04:45 PM
#6
Driver
Thread Starter
Agreed, but for those who can't wait I think its best to buy early. Because that 30 day supply is about half gone already. A multitude of graduates this May/June may not get their brand spanking new Toyota/Lexus. And when Aug, Sept rolls around how many would want a '11 model when they see all the new '12 models other manufacturers will be selling. Better buy Ford stocks now before they start to skyrocket.
Here is another article of Japan's production woes, besides damages there isn't enough electricity to go around. http://www.bloomberg.com/news/2011-0...endo-says.html
Toyota/Lexus dealers here are telling their customers that no scheduled shipments are expected and no word when it will resume because of harbor/port damages in Japan. Off course these are only vehicles from Japan but this also includes I believe engines and transmissions to American manufacturing plants.
Here is another article of Japan's production woes, besides damages there isn't enough electricity to go around. http://www.bloomberg.com/news/2011-0...endo-says.html
Toyota/Lexus dealers here are telling their customers that no scheduled shipments are expected and no word when it will resume because of harbor/port damages in Japan. Off course these are only vehicles from Japan but this also includes I believe engines and transmissions to American manufacturing plants.
11-14-11, 05:23 AM
#7
2012
The head of the nation's largest dealership group says lean inventories will delay the recovery of Toyota and Honda until mid-2012.
"We're going to be firmer on price on Toyota and Honda than what we thought at the beginning of October," AutoNation CEO Mike Jackson told Automotive News last week. "We just don't have the supply to be able to run a lot of volume."
Spokesmen for Toyota Motor Corp. and Honda Motor Co. called that analysis too dire and said their companies are moving quickly to recover from severe flooding in Thailand that has disrupted supply lines.
Jackson said the Thai floods, combined with a return of shoppers to Japanese-brand dealerships, will keep inventories low at Honda and Toyota stores until mid-2012. "It pushes the recovery out to the end of the 1st half of next year, until we have reasonable supplies with the Japanese again," he said.
Jackson said Toyota Motor Sales U.S.A. and American Honda -- which account for 25% of U.S. sales -- will be low on stock for different reasons.
Toyota will be short on product as consumers continue to return to showrooms. And Honda's recent production cuts mean December's output will be pushed into next year.
For both companies, that means there's little reason to offer incentives. One source expects only modest, targeted incentives on the models in greatest supply.
Honda, which has been forced to get more parts from both alternative sources and original suppliers, said its plants in North America are exceeding production plans announced earlier this month.
Last week Honda said six plants in the United States and Canada are running at 50 to 75% of planned output, exceeding the 50% rate the automaker expected as of Oct. 31.
"We expect our production in the U.S. and Canada to be back to normal levels before the end of this year," said Honda spokesman Ed Miller.
"We're having a parts problem, but we are re-sourcing outside of Thailand. To say that the situation is going to extend well into next year does not recognize the fact that we source our cars for U.S. dealers domestically to a very great degree."
Toyota and Honda were the only major automakers with lower year-over-year October sales. Overall, light-vehicle sales rose 8%, while sales at Honda fell 1% and Toyota was off 8%.
Toyota and Honda recently abandoned full-year profit forecasts after the Thai floods hampered efforts to recover from the March earthquake in Japan.
Slide in market share
Both automakers have lost a combined 4.1 percentage points of U.S. market share so far this year. Since March 1, just before the Japanese earthquake and tsunami, Toyota group inventories plunged 56% by Sept. 1. American Honda stocks fell 67% by Aug. 1.
Toyota added only 10,700 units to inventory last month, after gaining 20,300 during September. Toyota started November with a 39-day supply, unchanged from Oct. 1 but well below the 65 days it had March 1.
Toyota said Friday that its production in Japan will return to near normal levels this week. Toyota is resuming plans to run its North American assembly plants on overtime.
Before the floods in Thailand, which cut supplies of electronics, plastic and rubber components, Toyota had said it would run North American plants at least 15% above a target the company had set at the start of 2011, prior to the quake.
"We haven't changed our estimate of when dealer inventories will return to normal, and that is toward the end of the first quarter of 2012," Toyota spokesman Mike Michels said. "That continues to be our position. There are still some unknowns with Thailand, so it's too soon to see if there is any long-term inventory impact."
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