New Car Sales Data and Trends

[campbeam]

Reassuring to see Toyota in the No. 1 position for new car sales but I also look at the gap with its rivals and also best selling models.

I was somewhat surprised to read this article.

https://www.caradvice.com.au/930453/vfacts-mg-leads-another-surge-in-chinese-new-car-sales/

Guess a lot of buyers are voting with their wallets based upon the purchase price with little consideration for future resale value.

This means potential lost current sales for Toyota but maybe future customers if they get burnt badly enough with quality, service and warranty issues.

Recently I walked past a MG at the local shopping centre and it did look good enough for me to think it was a different brand. However, quality is more than looks.

As we say at work, time will tell and best of luck with that plus have a nice day more meaning you will be sorry with that choice.

In the meantime, Toyota had best keep on their toes and not get too complacent. Quantity has a quality of its own.

[bob007]

I don't think Toyota has anything to worry about because you can't beat quality, yes Toyota vehicles are expensive but will last for a very long time, my last Corolla (2001) is proof of that...Engine,Transmission etc good as new at 190,000kms and I know my Camry will be just as reliable. 

I think Chinese made vehicles are the new Holdens and we all know what happened there. 

Edited March 7, 2021 by bob007