VFacts July 2020

[jpd80]

Originally Posted by Bossxr8

Increasing prices seems to be the in thing atm. Ranger going up by about $400, the Hilux will be up by over $2k, and the new D-Max up by between $2-8k, which is a big price rise for them. They are no longer going to compete on price, they want to position the vehicle with the Hilux and Ranger, not the cheapies like Triton etc.

I was wondering how long it would take Toyota to follow Ford's lead with higher prices,
especially when so many fleet and retail buyers are just so brand loyal.

[Bossxr8]

Originally Posted by jpd80

I was wondering how long it would take Toyota to follow Ford's lead with higher prices,
especially when so many fleet and retail buyers are just so brand loyal.

Fortuner prices just released. All models up by more than $3k. Definitely moving their prices up. They may as well cash in, they have a lot of sheep who just buy them without thinking about anything else.

[Sprintey]

No domestic car industry
No 35K XR6 deal
Let's ream 'em
43K upper spec Mazda 3 anyone?

[jpd80]

@ Boss,
Oh that Ford should be so lucky........

I hope Ford doubles down on T6 SUVs for our market, there's a great opportunity for the right product(s).

[DFB FGXR6]

Originally Posted by Sprintey

No domestic car industry
No 35K XR6 deal
Let's ream 'em
43K upper spec Mazda 3 anyone?

Totally agree. The local car industry served as a reference point in which the whole industry priced their models from. As you said, a $35K Falcon or $28K Camry kept a lid on prices.