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William Maley

Toyota News: Toyota's U.S. CEO Believes Car Sales Are Close to Bottoming Out

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If the news is SPOT on with predictions for a Recession that will hit hard in 2019, then Toyota is gonna be in for a shock.

https://www.nytimes.com/2018/12/10/style/2019-financial-crisis.html

5 major points from the NY Times that covers some of the same points various members here have stated.

http://fortune.com/2018/12/11/janet-yellen-warns-another-financial-crisis-could-be-brewing/

Janet Yellen Former Chairwoman of the Federal Reserve is blowing a horn about the bank bundled up leveraged loans that are being sold off to the unsuspecting and the crash this debt could cause on the US.

She has walked back her Optimism from earlier this year and now worries about the holes in the financial system that have been created by DC.

To Quote her: Yellen, now an economist at the Brookings Institution, has previously spoken out against U.S. President Donald Trump’s unprecedented criticism of the Fed’s policies. “To totally undermine these institutions that are assets to the U.S. and the globe is worrisome,” she said.

So Toyota CEO, I would be thinking TWICE about your car sales and the future growth.

I perceive a slump coming up for the auto industry and some companies just might have to declare bankruptcy.

I hope the Ford Family has been saving their Pennies as I think Ford is gonna need a bailout.

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4 hours ago, dfelt said:

Which I prefer than the Lazy Boy recliner seating. I loved my grandfather's Cadillac Brougham but I always fell asleep in that car. Way to soft for me if I was driving.

Unfortunately that is the perception that some still have about Cadillac.. before they see them hit corners at .99gs

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RE the NYT piece, some counterpoints to consider:
• If/when the 'Blue Wave' hits; a number of it's players have floated forgiving all student debt, so that could disappear with a signature. Unfortunately, that bubble will just pop up somewhere else. But even if student debt is upheld, just out of college adults are not buying houses & cars, they're a literal non-factor in the economy on that scale, so their debt is not going to crash the economy.
• 'Stocks are down 1.5% this year'. OMG, no. Let's ignore that they were up 19.4% last year (S&P 500).

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8 hours ago, balthazar said:

RE the NYT piece, some counterpoints to consider:
• If/when the 'Blue Wave' hits; a number of it's players have floated forgiving all student debt, so that could disappear with a signature. Unfortunately, that bubble will just pop up somewhere else. But even if student debt is upheld, just out of college adults are not buying houses & cars, they're a literal non-factor in the economy on that scale, so their debt is not going to crash the economy.
• 'Stocks are down 1.5% this year'. OMG, no. Let's ignore that they were up 19.4% last year (S&P 500).

1

It's not anywhere near that simple since much student debt is privately held. 

The real threat is corporate debt. 9 trillion of it.  Companies that are cash-flowing today could become black holes of bankruptcy in just a few months time. 

The US auto manufacturers, for once, are ahead of the game.  FCA paid off most of its debt, GM is going through their major restructuring to lower costs. Ford is doing the same.  If/when a global recession hits in the near term, the auto manufacturers do not want to need to be bailed out again.

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      Like its 1990s predecessor, the 2020 Supra will be equipped as a premium GT, with a deft balance of function and premium comfort and convenience features. Keyless Smart Entry, dual automatic climate control, auto-dimming rearview mirrors, rear camera, rain sensor windshield wipers, garage door opener, power folding mirrors, and a leather-wrapped steering wheel will be standard.
      Standard active safety features include forward collision warning, automatic emergency braking with pedestrian detection, lane departure warning with steering assist, automatic high beam and road sign assist. Additional active safety and convenience features available are adaptive full speed cruise control, blind spot monitor, rear cross traffic alert and rear end collision warning.
      The new-generation Supra will of course deliver a state-of-the-art multimedia and connectivity experience. The 3.0 grade features a 6.5-inch display that can be operated by the rotary controller on the console, as well as Bluetooth and iPod capability. The 3.0 Premium grade will get an 8.8-inch touchscreen display with navigation, rotary touch controller, Supra Connect telematics services, wireless Apple CarPlay, a premium 12-speaker JBL audio system, and wireless phone charging. The JBL audio system and navigation will be an available option on the 3.0 grade.
      50+ Years of Toyota Sports Car Heritage
      The 2020 Toyota Supra traces a 50+ year lineage to Toyota’s first sports car, the 1965 Sports 800. This sleek but tiny (140-in. long) coupe offered a little over 40 horsepower from an air-cooled, two-cylinder boxer engine. The Sports 800 weighed just 1,300 pounds and could reach 100 mph in racing trim. It was successful in long distance races where reliability and fuel economy worked to its advantage. Here’s one for car trivia buffs: The 800 Sports was the first production sports car to have a lift-out aluminum roof panel.
      2000 GT
      In 1967, Toyota stunned the sports car establishment with the limited-production, hand-built 2000 GT. This six-cylinder, two-seat coupe smashed three world records and set 13 new international records for speed and endurance. Just 351 of the 2000 GTs were made, about 60 of those left-hand-drive for export to the U.S.
      Nevertheless, many Americans saw the 2000 GT when a specially built roadster version was the automotive star in that year’s James Bond film, You Only Live Twice. Today, 2000 GTs can approach $1 million in collector-car auctions.
      Age of the Supra
      In 1978, Toyota introduced the first Supra (A40) as a premium, six-cylinder version of the popular Celica sports coupe. Four years later, Toyota began to separate the Supra from the Celica, with the second generation (A60) featuring a completely different front-end design and a striking Performance model with wider wheels and fender flares.
      With the debut of the third-generation model for 1986 (A70), the Supra became its own distinct car. The following year, the Mk. III, as Supra aficionados call it, debuted a Turbo upgrade model with 230 horsepower.
      Then came the icon: the fourth-generation Supra (A80, or “Mk. IV” to Supra buffs) arrived in 1993 and upended the global sports car / GT hierarchy. The Supra Turbo used twin sequential turbochargers to extract 320 horsepower from its 3.0-liter inline six. This utterly unique sports GT could accelerate from zero-to-60 mph in under 5 seconds, trouncing direct competitors, as well as some European models costing 2-3 times as much.
      The Mk. IV Supra left Toyota’s U.S. lineup after 1998 but was produced until 2002. It went on to become famous for new generations in video games and in the Fast and Furious film series, stoking an intensely loyal following that helped spur Toyota to develop the all-new, fifth-generation Supra for 2020.
      Toyota GAZOO Racing
      The 2020 GR Supra is the first global model developed by Toyota GAZOO Racing, the international umbrella for Toyota's global motorsport program. In just the past year GR won the Le Mans 24 Hours race and the FIA World Rally Champions. Its work is based on three pillars: developing people through taking part in motorsport; creating fans through the excitement of motorsport and producing fun-to-drive cars; and making ever-better cars by applying the knowledge gained from motorsport competition.
      This ethos has been fully embraced by both Kiichiro Toyoda, founder of Toyota, and Akio Toyoda, Toyota Motor Corporation president, for its goal of “making ever-better cars.” Starting with this Supra, Toyota GAZOO Racing will transfer technical learnings from the race track or rally stage to the development of not just new generations of Toyota's sports-focused GR models, but also to its wider range of vehicles, driven by tens of millions of people around the world.
      With the 2020 Supra, Toyota is seeking to ignite automotive enthusiasts with fond memories of the Supra, as well as spark a new wave of sports car fans around the world. 
        
      2020 SUPRA PRELIMINARY SPECIFICATIONS
      Wheelbase    97.2 in.
      Overall Length    172.5 in.
      Overall Width    73.0 in.
      Overall Height    50.9 in.  
      Track Width Front    62.8 in.
      Track Width Rear    62.6 in.
      Curb Weight    3,397 lbs.
      0-60 mph    4.1 seconds

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