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Toyota reveals what will save established legacy car brands from China

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The Electric Viking

The Electric Viking

Күн бұрын

Пікірлер: 1 200
@electricviking
@electricviking 6 күн бұрын
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@connykarlsson9599
@connykarlsson9599 5 күн бұрын
How about Toyotas marketshare in Europe? Tell us about that, and do your math.......😂
@wss29-4sf0
@wss29-4sf0 6 күн бұрын
I live in Australia and never go for repairs or service to my car brands dealership as they rip you off massively. All the Chinese new brands have to do is make spare-parts, diagnostics and repair instructions available to all registered independent mechanics and repair centers.
@Briany-r5o
@Briany-r5o 6 күн бұрын
They will never do that. There are no spare parts or manuals for chinese appliances, and the cars are the same. Basically they are a disposable product.
@veganpotterthevegan
@veganpotterthevegan 6 күн бұрын
@@Briany-r5o the most likely thing to fail is a cell in the battery pack. Even someone like you could buy one of them😉 That said, with producing enough of them, it won't be long before spare parts are available at junkyards
@FAFORednickincell
@FAFORednickincell 6 күн бұрын
@@veganpotterthevegan New Updates: How Long Do Electric Car Batteries Last? Written by Liz Najman Researcher May 20, 2024 Shopping for a used Tesla, Ford, Hyundai or other used EV? You’re probably curious about the condition and health of the car’s high voltage battery. Battery life is a big question for used EV shoppers, and for good reason. Lithium ion batteries are an expensive black box - they can be up to 30-50% of an electric car’s value, but are very hard to evaluate. If your EV’s battery dies, you won’t be going anywhere until it’s repaired. Recurrent’s team of battery scientists looked at battery replacements in our community of 20,000 cars and found: Unsurprisingly, the highest rate of battery replacements come from the very first generation of EVs on the road. These cars are now 14 years old - not too shabby for a new technology. Between 2022 and 2015, average battery sizes increased by 122%, meaning that newer EV batteries can stand to lose more capacity before they need replacement. As battery management systems and thermal management systems improve, we should see even better battery life and fewer replacements, even after more than a decade. * Most EV batteries are still in cars There have been two major battery recalls in recent years, both related to similar battery pack flaws in the Chevrolet Bolt EV and EUV and the Hyundai Kona Electric. The remedy for both of these recalls was a sweeping battery replacement program covered by the manufacturers. Other than these two recalls, though, battery replacements in the Recurrent community remain rare. Across all years and models, outside of big recalls, only 2.5% have been replaced. This increase from last year is entirely due to older cars. For cars older than 2015, replacement rates are 13%, but under 1% for cars from 2016 and newer. * But, we can look back at early EV models, such as the Nissan LEAF and Tesla Model S, to get some sense of how they degrade over their lifetime. So far, it seems that EV batteries have much longer lifespans than anyone imagined, since very few of them have been replaced, even once the 8-year, 100,000 mile warranty period ends. Looking just at models from 2015 and earlier, only 13% of drivers have reported a battery replacement. Not bad considering how far technology has come in almost 14 years! When you jump to newer EVs - even those from 2016 and later - battery replacement rates drop to under 1%. In new EVs, nearly all replacements are covered by a warranty, except in rare cases of an accident or damage to the pack. Recurrent
@altbinhax
@altbinhax 6 күн бұрын
@@veganpotterthevegan I guess that will depend on whether they go the Apple route of serial numbering components; it won't just be Chinese electric vehicles, they'll all do it to lock in the customer.
@Paul-b2s4j
@Paul-b2s4j 6 күн бұрын
​@@altbinhaxdoing that has worked well for John Deere tractors. Not!
@donaldbucher472
@donaldbucher472 6 күн бұрын
Most Americans hate going to dealers for service. They overcharge and try to sell you work you don’t need.
@ty-ger4300
@ty-ger4300 6 күн бұрын
That why we call them stealership
@AnotherMike2
@AnotherMike2 6 күн бұрын
Don’t ever get work done at the stealership !
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
They don't overcharge at all!
@MightySteve001
@MightySteve001 6 күн бұрын
The only service an EV needs is to change the tyres and clean off the dead flies scattered off the window screen.
@coolco1619
@coolco1619 5 күн бұрын
Same here in UK. Only recently I need to get a wheel nut to change my audi tyres, went to audi dealership for one, they charged (£70 + VAT)! How ridiculous but shameless they are. This part can be purchased in a scrap yard say a fiver!
@panyaboonc5621
@panyaboonc5621 6 күн бұрын
Before, my wife drove a Toyota Vios and I drove a Toyota Corolla. 2 years ago my wife wanted to change her 8 years old Vios and not sure what to buy for her new car as she wants to drive something different from Toyota. Her friend recommended her to try BYD but at first she was hesitating as she not sure of Chinese car. So her friend went with her to the BYD showroom and the salesman asked to try. After her first try on EV car, BYD Dolphin she was so happy and came to discuss with me. Then I told her if she likes it, just go for it. Now after driving for 2 years she said she will be ever go back to the ICE vehicle again. And I am changing me too in 2 months for BYD Seal. Beautiful car and comfortable too after my test drive.
@markluedtke5578
@markluedtke5578 5 күн бұрын
If Chinese auto manufacturers are anything like their motorcycle manufacturers, they listen to their customer's needs. Motorcyclists have been complaining for years that they want a light adventure motorcycle and the Japanese, European and American manufacturers don't ever give them what they want. Then along came CFMoto who started to make motorcycles with the features that people wanted and every year they seemed to improve it. Then last year they came out with the 450MT which will almost certainly become the standard light adventure motorcycle if it's quality holds up. The Chinese are including the features people want in standard models and not nickle and diming customers for each feature they want.
@daviduliana4447
@daviduliana4447 6 күн бұрын
Who has a good dealership experience? Buying a car is like getting into a street fight, and getting your car serviced is like getting mugged. Dealer Experience!???
@kcfmark
@kcfmark 6 күн бұрын
Spot on!
@Paul-b2s4j
@Paul-b2s4j 6 күн бұрын
I would rather have access to a good dealer network, most medium size rural towns will have an agent for most popular brands. Where as companies like BYD use Mycar(ex Kmart tyre and auto) which once you get out of the major cities is non existent!
@adamesd3699
@adamesd3699 6 күн бұрын
Yes, some dealerships are stealerships. But I have to admit that I have also had positive experiences at some dealerships.
@ChickensAndGardening
@ChickensAndGardening 6 күн бұрын
I've had great dealer experiences at Honda, Toyota, Subaru, Nissan, and a used dealer that sold Chrysler. In cases, I used a no-haggle car buying service, so there was really nothing to dicker about. I was also trading in cars that were barely drivable so I was happy to get anything for them. It all worked out fine.
@enzoh7763
@enzoh7763 6 күн бұрын
​@@Paul-b2s4j , I just own a EV , 3 months now , They were surprise to see me asking for service . 3 months is 9 months too early for brake check . - I said , i need help , to peel off the plastic sheet protecting the side mirror .
@charrin9086
@charrin9086 6 күн бұрын
When I was a kid in the 70's, electronics were what the Japanese were famous for building- TV, Radios, eventually VCR, walkman's- I would have never guessed that the country that invented the hybrid automobile would drag its feet so much on going all electric. It's very puzzling to me....
@yellowsheeps
@yellowsheeps 6 күн бұрын
Japan is an occupied country. The USA runs Japan. The USA is an Imperialist Empire. Western Imperialism is wealth extraction (land, resources, labor, human mind etc..) from the World for the benefit of a Racist Elite minority. Imperialism keeps and forces countries to stay under-developed and dependent. Japan has been kept on a leash since the Plaza Accords in 1986. China is Sovereign. No foreign occupying army. Chinese Government OWNS it's money creation and money is to serve society AND NOT the 1%.
@IA100KPDT
@IA100KPDT 6 күн бұрын
It's a case of company getting so big, it either takes a long time to make a major decision or no one dares to make major decision. It's the : As a ceo, I am well paid. why rocked the boat mentality.
@highcollector
@highcollector 6 күн бұрын
I was a kid in the 80s and it was the same with the Japanese. However after the crash of the 90s Japan flatlined in growth and innovation, it's just not the same as it was...
@FrankFrankston-kj4sx
@FrankFrankston-kj4sx 6 күн бұрын
What Toyota and Japan can't do is bribe and liaise with Corporates and Media at Davos where pro EV subsidies, targets eg Net Zero are set. What Australians need to do is set safety standards. Eg when your battery pack us deliberately lit, does it go into Thermal Runaway? Is the resultant fire(s) dramatic enough to total hundreds of other cars and bring down buildings? Yes to both? Unsafe! Can't import, build and sell.
@musk-eteer9898
@musk-eteer9898 6 күн бұрын
they get kick back from the oil cartels to make any kind of petrol dependent cars and trucks
@allanoas523
@allanoas523 6 күн бұрын
Toyota, if they were around in 1900, would have said “All we need is a network of stables doing good service re-shoeing horses, and greasing wheel axles….the horse and buggy is all the customer needs.”
@Knightmare919
@Knightmare919 6 күн бұрын
Yeah right like there isn't something innovative and disruptive that will end their business. 😅
@loktom4068
@loktom4068 6 күн бұрын
All I remembered TOYOTA was a very bad brand during the pre 1960s to the late 1970s. It was a laughing stock at all street lights wannabe drag racing.
@yttean98
@yttean98 6 күн бұрын
Notice this: All the Chinese manufacturers sell DIRECT to consumers hence bypassing the dealer channel which takes up a chunk of the profit margin. That's cost savings for consumers and also improves profitability of the manufacturers.
@steak5599
@steak5599 6 күн бұрын
That's great. But when it comes to Service, it could be quite painful to deal with. Car isn't like a Laptop or Phone where you can mail it in for repair. I am not sure how many of them are willing to pay for Mobil Technicians like Rivian and Tesla during the early days.
@richardnwilson
@richardnwilson 6 күн бұрын
​@@steak5599why not have authorized repair shops instead of dealerships
@steak5599
@steak5599 6 күн бұрын
@ If you worked in the Auto Repair Industry, you would know no sane Shop Owner would want to deal with that. Car repair is nothing close to repairing a Phone, Computer, or Appliance. If any Manufacturer wants a repair Center, they will NEED to open their own Repair Center and train their own mechanics. That is EXPENSIVE.
@ZweiZwolf
@ZweiZwolf 6 күн бұрын
Chinese OEMs have showrooms in the local mall with order takers. Super efficient.
@lolcatjunior
@lolcatjunior 6 күн бұрын
​@richardnwilson There is a chance that independent repair shops can thrive if they can secure a way to acquire parts.
@rasullramad1234
@rasullramad1234 6 күн бұрын
TOYOTA IS BULLSHITING. They are panicking. Honda, Nissan and Mitsubishi is in trouble. I can see it happening in Indonesia. They are playing the "oh the resale value is higher than the China cars" .. it's not working anymore. The buyers are getting smarter. China cars are up there in premium quality
@crosslink1493
@crosslink1493 6 күн бұрын
What makes China cars better? I've never seen any long-term reliability data on them, what's being hidden from the public?
@Supsup8566
@Supsup8566 6 күн бұрын
​@crosslink1493 let's wait for the reliability report after a few more years. After all, the Chinese cars are relatively new to the market. At the same time, their build quality is quite good. Likewise, there are recalls of Toyota too. Does it mean the high reliability continues until today?
@steak5599
@steak5599 6 күн бұрын
@@crosslink1493 I don't think anyone is saying Chinese Cars are built Better than Toyota or Tesla. Their Selling Point is They are CHEAPER, A LOT CHEAPER. There are a lot of consumers who are looking for something just Good Enough at an affordable Price. Hyundai/Kia were Junks when they were first introduced outside of South Korea, look at where they are now.
@Cgalozo
@Cgalozo 6 күн бұрын
I have driven chery omoda in Indonesia for almost 2 years and close to 20.000 kms. No issue so far and still drives like a dream. It looks much better than any japanese car in the same price range. No more japanese or european cars for me, they will be a thing in the past. Their arrogance in ripping customers off by selling subpar car, claiming it will sell better after you buy it makes me laugh.
@ZweiZwolf
@ZweiZwolf 6 күн бұрын
@@crosslink1493 There's very little public data, because it's proprietary corporate data. For example, Tesla has service data for the exact same cars built in Shanghai, Berlin and Fremont. Tesla internal metrics show Chinese build is clearly superior to Fremont, so they sent Chinese techs to California to try and train the Fremont workers. I suspect it's mainly that Chinese techs have more, better hands-on experience and better teamwork with cross-training in self-organizing, self-improving teams.
@ladygracienyc2029
@ladygracienyc2029 6 күн бұрын
It's nice to have a convenient dealer network to take my car in for maintenance and repairs. It's even nicer to not need to take my car in for maintenance or repairs because its electric
@doncody8465
@doncody8465 6 күн бұрын
It will still need maintenance and repairs
@hanmeng4833
@hanmeng4833 6 күн бұрын
Repairs and massive maintenance works are more costly for ice cars in long terms but also more time consuming. EV should also have regular maintenance and checking for safety, but the wear and tear is much much less. To begin with, there is no engine gasket leak issue. My son's branded ice car is 10 years old, i can smell unburnt petrol when standing at a distance from it (not to mention that the burnt petrol exhaust gases are toxic.)
@randygraham926
@randygraham926 6 күн бұрын
I have had Toyotas and Hondas exclusively for the last 35 years in the U.S. and I HATE taking the vehicles to the dealers as they will RIP YOU OFF on repairs. It's different if you have a warranty -- as they will need to fix it. Otherwise, I avoid them. Total scam as they try to sell you high-priced repairs you don't need.
@zoransarin5411
@zoransarin5411 6 күн бұрын
@@doncody8465 I'm 58 and have been driving since I was 17, so 41 years. Im on my 28th car and I took a single car to a dealer on 1 occasion. The experience was so poor and expensive that the rest were all to a mechanic. Dealer networks are optional for maintenance and repairs. For 30 of my 41 years I had a single mechanic who i developed a fantastic relationship with. You will not get that at a dealer network.
@ferdinanddelossantos-i6d
@ferdinanddelossantos-i6d 6 күн бұрын
EV's are disposable no resale value
@nickmcconnell1291
@nickmcconnell1291 6 күн бұрын
I'm sure Toyota must be right. Just like all those Brick and Mortar stores were able to give better service and not go out of business when Amazon came along. Oh....wait....
@SHO1989
@SHO1989 6 күн бұрын
Exactly. I have not bought a new car since 1986 because I refuse to go to a dealership and experience the abuse I know I'll experience. Been buying used from private sellers since just to avoid the pain and expense of going to a dealer. If I buy a car in retirement, I'll look forward to buying online from Tesla and avoiding the greedy, sleazy, dealers. What I really hope happens if my old Honda dies is that robotaxis will be established and I'll avoid car ownership all together.
@hkfoo3333
@hkfoo3333 6 күн бұрын
ICE cars will go the same directions as Kodak... EV is at the same stage as mobile phones then.
@pnketia
@pnketia 6 күн бұрын
Remember the Blackberry phone that everyone back in the days swore by and criticized Apple for coming out with a phone with no buttons? They said nobody would buy an Iphone and the Blackberry had nothing to worry about! Fast forward to today and the Iphone is the number one selling phone while Blackberry exited the phone business and now is a software company focusing on cybersecurity. It's going to be interesting to see what Toyota ends up pivoting to when BYD eclipses them globally in sales.
@nickmcconnell1291
@nickmcconnell1291 6 күн бұрын
@ Hydrogen powered Tinker Toys??
@killaquansta4045
@killaquansta4045 6 күн бұрын
I dunno about the rest of the world, but as a Canadian I can say, screw dealer networks. Firm online price with no junk fees
@captainwin6333
@captainwin6333 6 күн бұрын
Then add in the price they charge for maintenance. German companies charge money to turn off warning lights in their cars.
@enzoh7763
@enzoh7763 6 күн бұрын
I like this online pricing . Total pricing integrity .
@jmchng9662
@jmchng9662 6 күн бұрын
In my country we have a saying.... Most if not all sales people are liars. But the worst are car sales people. When they are selling this brand, they can claim how good the cars are. But when they resigned and work for another brand, they will turn around and say the (new) brand is the best. And the best part? Some can be found driving another brand!!
@elboon_80
@elboon_80 6 күн бұрын
Sam, I live in Germany and work for a battery company that used to sell only Korean batteries. I still hear in 2024, from my colleagues, who kept saying “ah… Chinese batteries are low quality, they don’t provide software…they don’t provide service…” And now they are laying off people. 😂
@dzerres
@dzerres 6 күн бұрын
The best part of EVs is that there is no requirement for a dealer network. Tesla has delivery centers - no need for "dealers". Yes, those centers do have some service functions but if its anything like our 5 year old Tesla Model 3, we've never needed any service. We bought a Cybertruck 5 months ago, took delivery at a delivery/service center and we haven't needed to return.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
Sure you need a dealer network long-term!
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
@@BrunoHeggli-zp3nl Tesla have mobile service engineers named Rangers they come to you it’s so easy
@enginemanagementadventures7305
@enginemanagementadventures7305 5 күн бұрын
What happens when the motor shaft seal fails and all the coolant runs out?
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
@@enginemanagementadventures7305 Like any other car, you get an alert, you stop, and you get the issue addressed. Luckily, EVs don't have exhausts that rot and fall off, oxygen sensors that fail located in inaccessible positions, spark plugs, gearboxes, clutches, serpentine belts, water pumps, fuel pumps, injectors, HT packs, cam shafts, cam belts, oil, filters, High temp hoses, flywheels, all things and more my old ICE cars had to have replaced. Oh and drive shaft seals.
@kenlek869
@kenlek869 5 күн бұрын
​The coolant temperature in an EV is much lower tham ICE cars, and the engineering requirements are correspondingly lower. Hence greater reliability.
@mkashay
@mkashay 6 күн бұрын
My God, it is my mission in life to avoid the dealer at all costs. Dealer footprint. LOL
@drwisdom1
@drwisdom1 5 күн бұрын
The "dealer network" is a minor advantage at best. The real differentiating issue is whether Chinese vehicles are safe and aren't unfixable garbage like most cheap Chinese products. If Chinese vehicles are decent that would be great. But just saying they are "quality" isn't good enough. It has to be proved.
@sadiquekabli7283
@sadiquekabli7283 5 күн бұрын
This is the start of an end of an era for Japanese and other legacy car brands.
@ferfromla
@ferfromla 6 күн бұрын
With all the competition in China, who would think they ignore customer service? Why assume that they don't know what they are doing? Instead, better to believe they do and add to that better pricing, quality cars, and continual improvement. I would take them seriously as my competition. This reminds me of what happened to American car companies when the Japanese started selling cars in the US. They laughed, and in the end, the Toyota and the rest laughed all the way to the bank.
@anthonykennedy5324
@anthonykennedy5324 6 күн бұрын
The book The Reckoning by David Halberstam explains the history. It's the opaque financial set-up of the Chinese brands that is worrisome. Can it be assumed, right now, that they are not profitable ?
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
@@anthonykennedy5324 how many bailouts has American car companies had? It’s just the same thing but dressed up in a different way.
@anthonykennedy5324
@anthonykennedy5324 5 күн бұрын
@ Indeed. It's worrisome.
@elmalasiano
@elmalasiano 6 күн бұрын
Toyota is having a "Blackberry moment" or a "Kodak moment", or both. In Malaysia, BYD partner with a well established company for showrooms and auto shop. No point in investing heavily in infrastructure when your touchpoint with clients is usually once a year. "Good old fashion customer service" for me starts precisely in not having to go to the shop!
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
Toyota group is doing fine and will still be the biggest carcompany in 10 years!Number two will be the Volkswagen group and number 3 BYD!
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
@@BrunoHeggli-zp3nl you are correct if you are measuring that by the amount of debt they carry
@pinotnoir3654
@pinotnoir3654 6 күн бұрын
The last time we were in a dealership we were leasing a car for my parents. It got so bad with the salesman my wife stood up and took my parents to the car, without saying a word. She was so angry and insulted by the lowball offer for their trade in. Next thing you know, the manager ran out to our car, opened the door and begged my wife to come back. She screamed at him and slammed the door closed. Well, I stayed and ended up getting the best deal ever - thanks to my wife being tough! LOL
@enzoh7763
@enzoh7763 6 күн бұрын
You're thinking that you got a good deal . It's because they made you think you got a good deal . I once saw a shrewd buss man, He said its a good deal . I seek him out next day , Remember yesterday that you said the buyer got a good deal , I just pull out his flyer with the same item and point it to him , That buyer paid more than you advertised . - He smiled , grinning from ears to ears , Then say , it was a good deal , A good deal for me . - And added, , i'm in thus family business , 40 yrs , and we never lose money .
@ZweiZwolf
@ZweiZwolf 6 күн бұрын
You got YOUR best deal ever, but I'm sure the dealer still had a bunch of money in their pocket. If I were disrespected, I would find another dealer. Or sell my old car privately.
@PhilipStaniland
@PhilipStaniland 6 күн бұрын
Watched a KZbin video recently where American talking heads discussed the reasons for Nissan's downfall, and I was amazed that they seemed totally focused on it being Nissan's missteps, I kept thinking, look over your shoulders guys, the Chinese are coming for everybody. I should add, I'm a proud owner of a new BYD Shark 6 😁
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
Actually, that’s a good point. I don’t really know why Nissan have struggled to the point of a rescue. They have not had all the quality issues Toyota have and they were early in the EV game too.
@Richard-s1d5q
@Richard-s1d5q 6 күн бұрын
Toyota is $190B USD in debt (worse than VW & Nissan's) and facing multiple catastrophic engine recalls, devastating mechnical defects (transmissions, suspensions, etc.) and inferior quality/engineering issues. It's nothing but a downward spiral from here for the soon-to-be global has-been.
@oberstraphry
@oberstraphry 6 күн бұрын
You forgot they have been cheating on safety test since the 1980’s.
@silverianjannvs5315
@silverianjannvs5315 6 күн бұрын
If you want a perfect cars, there would not be one coming out from the R & D or testing facilities.
@yangerek78
@yangerek78 6 күн бұрын
go read more dude, it seems u knew nothing about Toyota, They are bigger than what u think
@Richard-s1d5q
@Richard-s1d5q 6 күн бұрын
@yangerek78 Braaap! Wrong.
@yangerek78
@yangerek78 6 күн бұрын
@@Richard-s1d5q well thats fact dude go read
@davidinkster1296
@davidinkster1296 5 күн бұрын
Customer service? I just want to drive the car and not need customer service! That's what I get from my EV.
@shopfittings
@shopfittings 6 күн бұрын
Hi Sam, Funny story I went to a Toyota dealer in Melbourne to test the bz4x and the salesman would not let us drive it as he started telling us stories of how he gets headaches from being in EVs. I told him that my 2019 Tesla has been nothing but wonderful for 5 years and he wouldnt hear it telling me another story of how much money his friend lost on his Tesla. I asked him if he had a tin foil hat and he ignored that I think with salespeople like that Toyota is doomed
@lukeappleby5949
@lukeappleby5949 6 күн бұрын
Funny story 2. My wife and I went to a Toyota dealership looking to buy only an EV. Yes they had one down the front but “it’s battery is flat we can’t even open the door so you can look inside and it’s been there for 5 months” That despite the fact that there was an EV charge point on site 20 metres away.
@trythis2821
@trythis2821 6 күн бұрын
Dealer knows full well servicing is their ongoing income stream. They don't give a rats behind about looking after the customer.
@donnairn3419
@donnairn3419 6 күн бұрын
So you went into the dealer looking to buy something and he refused to sell it to you. Interesting concept of service.
@trythis2821
@trythis2821 6 күн бұрын
@donnairn3419 I've heard many such stories when the dealer sells both ICE and EVs. Dealer knows they are going to miss out on exorbitant servicing profits.
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
Said I know, but it’s like trying to get a turkey to vote for Thanksgiving. This is why Tesla didn’t even bother with the dealership model.
@jamespn
@jamespn 6 күн бұрын
It appears that Chinese automakers will dominate Australia and New Zealand with EVs for city driving and plug in hybrids for rural and long distance drivers. I bet the BYD Shark passes both the Hilux and the Ranger in sales.
@peacebrother8942
@peacebrother8942 6 күн бұрын
In how many minutes?
@byddf
@byddf 5 күн бұрын
There is a difference between the sedan and pickup market. Pickup buyers are more concerned about brand and durability, so they are less interested in Chinese brands.
@brendenharris8858
@brendenharris8858 5 күн бұрын
@@byddf cough, cybertruck is coming this year worldwide, you want more range and more power than ice pickups, people will run to buy them, the delivery wait is through the roof in US, say goodbye ranger and ram and etyc etc etyc
@jayceh
@jayceh 5 күн бұрын
​@@byddfliterally cannot be more reliable than an electric motor. Just go look at a combustion engine, assembled and assembled. And then look at a pile of batteries. I don't ever pick up my phone praying the ignition will start or my the transmission on my phone will switch apps.
@Leonard-cx2zi
@Leonard-cx2zi 6 күн бұрын
I wouldn’t underestimate the Chinese.
@JCSY1
@JCSY1 6 күн бұрын
China has already won in a lot of key areas and is catching up very fast in the few remaining areas. Japan has already lost in this.
@frankfranze5538
@frankfranze5538 4 күн бұрын
First they ignore you, then they laugh at you than they fight you then they accept you 😊thank you you Sam
@G11713
@G11713 6 күн бұрын
I wonder if this was how horse and buggy makers reacted to the quickly improving and considerably more powerful, flexible, and cheaper to maintain "horseless carriages" of their time.
@grd4612
@grd4612 6 күн бұрын
They switched and started building car bodies.
@420031
@420031 6 күн бұрын
@@grd4612the smart ones did!
@grd4612
@grd4612 6 күн бұрын
​@420031 GM cars were produced by Fisher body works, Fisher was originally a carriage maker and their logo was on the sill plates of every steel bodied USA domestic produced GM car for decades. Too bad GM didn't learn from it's own history.
@number1genoa
@number1genoa 6 күн бұрын
In 1865, in the UK a law was passed to reduce steam engine speed limits and combat engine ‘nuisance’ by requiring a person to walk sixty yards in advance, carrying a red flag to warn of the engine’s approach. The advance lookout was also to signal the engine to stop whenever alarm to horses on the road looked likely. This ensured the engine could not travel faster than a human walking and thus would be slower than the established horse and carriage. It was a protectionist move by the established horse drawn transport industry but dressed up as a public safety measure.
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
@@number1genoa the same is going on today sadly. Vested interests are still building HS2. It will be still born into a world of driverless cars. And it’s a great use of £90 billion. It’s not as if the country is short of money. And everyone is going to clamour to get from a field in West London to the southern tip of Birmingham saving themselves 15 minutes on the current journey if they are lucky. Oh, and pay double for the privilege. What could possibly go wrong?
@brianfenech10
@brianfenech10 6 күн бұрын
Customers want 1. The abilty to buy online by passing delears which get a commission while doing nothing 2. A car that never breaks down 3. Pay less in fuel/electricity
@JamesJones-kb2tw
@JamesJones-kb2tw 6 күн бұрын
I remember when the Korean car brands were first introduced. They were the butt of many jokes. Look where they are now. China is the biggest car market in the world. Consider how much bigger the scale of impact will be.
@jensensean7118
@jensensean7118 5 күн бұрын
Back from a 4 week stay in Chiangmai, the second largest city of Thailand. MOst of the cars there are either second tier of, or 3rd tier of Japanese brands + Chinese EVs and a visible presence of Shanghai Motor owned MG ICE cars. EVs are catching up quick and fast, Thai drivers love them.
@mydogsbutler
@mydogsbutler 6 күн бұрын
Love Toyota as a brand. For decades they have produced excellent quality cars for reasonable prices. This is what made them one of the biggest and best car brands in the world. Unfortunately after Akio Toyoda stepped down, who was a proponent of electric cars, their current CEO Koji Sato start pushing hydrogen. And its been a nosedive since then. This from the car company that pioneered the Prius while Musk was still working on Paypal. Edit: error above. Akio was NOT a big proponent of BEVs. EV skepticism at Toyota preceded Sato under Akio. Me bad. Sorry.
@johannesdalhuijsen1705
@johannesdalhuijsen1705 6 күн бұрын
Alas Aikio Toyoda was notoriously negative about electric cars and, because of his influence nationally, an important factor in the demise of the Japanese auto industry. Despite all his hard work earlier in his career I would describe him as a laggard and a despot who used his influence to block innovation. A typical ‘kaizen’ person who, glued to his step by step approach, is overtaken by those willing to think out of the box and radically innovate.
@mydogsbutler
@mydogsbutler 6 күн бұрын
@@johannesdalhuijsen1705 (wikipedia pull) At a press event held on 14 December 2021, Toyota unveiled multiple concept cars with battery electric drivetrains, a sign of faith in the future of the technology.[25] In a later interview, he said "“People are finally seeing reality. That said, I'm open to contrarian evidence
@mydogsbutler
@mydogsbutler 6 күн бұрын
@@johannesdalhuijsen1705 I did some Gogglling. You seem to be correct on Akio. I'm been spreading fake news. I've been pawned by a few outlier quotes. The skepticism of EVs started before Sato under Akio as you suggest. I try to be careful when making claims about others but messed up this time. Thanks for exposing my ignorance.
@jonathanleonard1152
@jonathanleonard1152 5 күн бұрын
We have a 2023 Chevy Bolt EV. Something went wrong and we were advised to get it to a dealer. Dealer told us there is a part in need of replacement. They gave us a new loaner, got the part in over a weekend and we had our Bolt back on Monday. This level of customer service will be difficult to do by a Chinese company unless they get into existing dealer networks. It might happen but China is experiencing internal strife and funding difficulties.
@nfzeta128
@nfzeta128 6 күн бұрын
5:53 Thing is, other countries DID have the backing, they just wasted it or even sometimes refused it because they liked their already existing gravy train. US and EU gave so much money to their automakers to research and switch to electric tech and also for chips and solar and it still took them ages because they used the money for everything but.
@noneoyb5793
@noneoyb5793 6 күн бұрын
Thanks!
@nr5494
@nr5494 5 күн бұрын
I agree with you. Toyota possibly don’t know that EV’s don’t need much servicing, provided you can get the wheels to stay on!
@frankcoffey
@frankcoffey 6 күн бұрын
Toyota has almost 200 billion in debt. Even a minor downturn in sales could be a disaster.
@larryc1616
@larryc1616 6 күн бұрын
VW too
@nzoomed
@nzoomed 6 күн бұрын
Which is already an issue for them.
@e1v1a19
@e1v1a19 6 күн бұрын
Evergrande has $500 billion in debt. And that’s with massive Chinese government support. Oversupply of property, now they’re just doing oversupply of cars. Not very smart are they?
@達端藍
@達端藍 6 күн бұрын
Toyota is an automobile manufacturer and distributor, but it is also a finance company. It provides loans to buyers through its subsidiary, Toyota Finance. It borrows this money from banks. Do you think banks would go bankrupt due to the huge amount of money they owe to depositors?
@ongmat4439
@ongmat4439 6 күн бұрын
@@達端藍 , Welcome to the Toyota-bashing channel! Some of the comments are unbelievable. 😆 Toyota is smart, they are just leveraging the existing investment in ICE while still offering EVs to a point where the ICE existing is not beneficial anymore. Are they capable of going 100% EV in the future? Yes, of course. It is a question of demand and supply, as long as there are demand for ICE cars, they and others would still offer them to utilise their existing investment.
@whocareswhoami7278
@whocareswhoami7278 6 күн бұрын
Getting good service is important in IC engine cars, because engines require regular maintenance. In contrast, electric cars do not require any maintenance and the software can be updated automatically. So, customer care is a non issue in EVs.
@crosslink1493
@crosslink1493 6 күн бұрын
I've got a Toyota with 150,000 miles on it. Regular maintenance services I can do myself - oil changes, filters, spark plugs at 60,000 miles. The only services I had done by a mechanic was the serpentine belt and one brake job. Just routine maintenance and it still works. Waiting to hear or see reliability data for a Chinese EV.
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
@@crosslink1493 there is at least one Tesla model S in the UK that has covered over half a million miles on its original battery pack and motor so you have a ways to go. Oh, and that model S hasn’t been serviced either.
@MelvinStaRita-yb2fm
@MelvinStaRita-yb2fm 5 күн бұрын
​@@crosslink1493 I agree.
@paulc6766
@paulc6766 6 күн бұрын
Reported 6 Nov 24: More than 300,000 angry Toyota and Ford owners who bought defective cars over the last 10 years will face an even longer wait for compensation after a High Court of Australia ruling in Canberra today. The cars affected included Toyota Hiluxes, Prados and Fortunas with diesel engines, and Ford Focus, Fiesta and Ecosport models with a dry dual clutch transmission problem. Yes such great service from Toyota (and Ford). And 300k customers is a lot in Australia.
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
What I don’t understand is fighting this in the courts just drive your existing customer as away and means you’ll never get any new ones. The operation was a complete success, but the patient died on the table.
@JC-kf7tv
@JC-kf7tv 6 күн бұрын
The China strategy was the Amazon strategy...enter fat market with low costs and wait for local completion to collapse..then make profits based on small margin and large sales.
@markp8686
@markp8686 5 күн бұрын
And once the competition is gone increase the prices n move on other products in the meantime till you produce everything
@kenmonk3668
@kenmonk3668 6 күн бұрын
A relative of mine is genuinely impressed by the fact that our Tesla doesn’ need service for just about the life of the car apart from tyres or the odd minor problem. 25 thousand kms. Only tyre pressure minor issue. Water for windscreen wipers. His cars need regular service. Inconvenient and expensive I think. 🇦🇺
@Gacha.Cupcake
@Gacha.Cupcake 6 күн бұрын
Toyota and Lexus used to be good but they are pretty bad now After having bought over 30 Toyotas in my lifetime I am done with them
@trythis2821
@trythis2821 6 күн бұрын
I've only bought a couple of Toyotas but am also done with them. The 2x Toyotas my family currently own for an average of 10years each. They are reliable but time moves on and the next cars will be EVs. Looking forward to not having to service these ICE vehicles myself and the cheaper operating cost of EVs.
@StephenJohnson-jr5hp
@StephenJohnson-jr5hp 5 күн бұрын
Just made an appointment for the first scheduled service for my 23 Mach-e GT at 10,000 miles, $23.00. Collision damage and emergency service and pick-up will be the last "back end" cash cows.
@harysastra
@harysastra 6 күн бұрын
What everyone wants is to get a car that is beneficial to them both economically and environmentally.
@brendenharris8858
@brendenharris8858 5 күн бұрын
what i came to say
@diymicha2
@diymicha2 5 күн бұрын
that doesn't exist
@dougm659
@dougm659 6 күн бұрын
Of the legacy players I’ve dealt with, Porsche dealers are the best….but it comes at a price…£700 for a minor service and £1,000 for a major service assuming nothing major needs fixing. My next car will be a Tesla and I’m looking forward to no more servicing bills!
@etow8034
@etow8034 6 күн бұрын
The average Japanese makes about $600/week and rent is also about the same a month. Japan has been living in an artificially no wage increase, no price increase make believe world since 1992 as part of a government experiment. The only problem with this experiment is that they have to pay current day value if they buy resources and products from outside the country which the average Japanese consumer cannot afford !
@jpascoe1454
@jpascoe1454 6 күн бұрын
live in the Australian countryside. Saw my first EV Chery today. They are coming!
@manimalworks7424
@manimalworks7424 6 күн бұрын
BYD is about to release an EV equipped with the highest power of a single motor: 580 kw =777.793 HP rear wheel drive, and the car sells for $12,000!
@baldandaboomer8367
@baldandaboomer8367 6 күн бұрын
Unnecessary and dangerous in the wrong hands
@ZweiZwolf
@ZweiZwolf 6 күн бұрын
BYD is not putting a 780 hp motor in a $12k USD car. 80 hp, sure. $120k USD, sure.
@billhartsfield424
@billhartsfield424 6 күн бұрын
@@manimalworks7424 I need me one of ‘dem !
@byddf
@byddf 5 күн бұрын
Don't worry. Not as fast as the Tesla's Plaid.
@SandorFule
@SandorFule 5 күн бұрын
Here, in Hungary, dealers' services are always overcharging, so everybody is looking for alternatives. Yes, good service network, excellent customer service is a BIG advantage. Would be a big advantage, I mean.
@SteveMA1000
@SteveMA1000 6 күн бұрын
A good dealer network to fix things that don't need fixing in an EV. Sometimes they don't need fixing in an ICE vehicle. Selling vehicles that pollute while at the same time are about 1/4-1/3 as efficient. Good luck with that.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
Everybody tried to make as much money as possible,nothing to see here!If you are clueless you will get ripped of everywhere in every sector of the economy,so knowledge is the key to not getting ripped of!
@loktom4068
@loktom4068 6 күн бұрын
When my Mazda was spanking new in North America, the manual and the service advisor recommended a complete breakin inspection and its first oil & filter change. The dealership was very polite and friendly, serving coffee to the clients a friendly smile. Until my bill came, I almost choked. it was $489.00, 15 years ago. I paid the bill. Never go back again 15 years later.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
You better drive a bicycle!
@loktom4068
@loktom4068 6 күн бұрын
@BrunoHeggli-zp3nl Regular oil and filter change was only $45.00 back 15 years ago.
@loktom4068
@loktom4068 6 күн бұрын
@BrunoHeggli-zp3nl This is why more competition, the better for the consumer. Except for owner and staffs of the stealerships.😂😆😀
@craigmerrow225
@craigmerrow225 4 күн бұрын
Ouch! I still miss the Saturn experience. No pressure or nonsense. Brought my 1995 SW2 (RIP, miss that car!) in for the 60K service, which was $90. Service tech came out 45 minutes later and told me it was all set. No charge because it didn't need anything, so they washed it and gave me the keys.
@igors6593
@igors6593 6 күн бұрын
Kodak was once even bigger and more famous than Toyota.
@crosslink1493
@crosslink1493 6 күн бұрын
Oh jeez, not this Kodak BS again. It must be a Chinese A.I. bot posting since it comes up so much. Needs a refresh with another manipulated dataset.
@H0tchips
@H0tchips 6 күн бұрын
@@crosslink1493 Why BS? I think the general "Kodak" point is the digital photography revolution was ignored by Kodak who couldn't see how their film cash cow could ever end. This resulted in Kodak quickly becoming totally irrelevant in the marketplace. So it's a like for like comparison with legacy auto makers not considering the EV revolution, and not pivoting fast enough. Couple that with the untold billions China sunk into auto manufacturing - including giga-casting, battery technology research, and end to end supply chain development, and even the average joe can easily see the huge potential for catastrophe for legacy auto companies. Makes perfect sense, no bots required.
@igors6593
@igors6593 6 күн бұрын
​@@crosslink1493 Funny enough, Kodak didn’t disappear because there was no demand for film at all. It met its end because it couldn’t achieve an acceptable profit due to its declining market share. Declining market share + debt = the end. See how simple it is? Similarly, current legacy automakers are struggling with profitability-they haven’t had acceptable profits in years. And let’s face it, nobody is going to take out a 30-year mortgage for an ICE car to restore their profits.
@chsmithins
@chsmithins 6 күн бұрын
Well if it is an AI bot reply then I’m really impressed as it seems to its stuff. Kodak and BlackBerry are always great examples for companies to NOT want to repeat. So hard not to though.
@igors6593
@igors6593 6 күн бұрын
Many companies go bankrupt every year, and no company wants to share their fate. Yet, year after year, other companies make the same mistakes-again and again. This is especially true when they deny reality, dismissing it as a "Chinese AI bot." In such cases, the crash tends to come even sooner.
@MMLL369
@MMLL369 5 күн бұрын
The term "Stealer" worked even 20 years ago, I never went to any dealers except for recalls. When I purchased my first used Honda from a private seller who was working at Honda, he specifically told me: "You really do not need to waste your money on maintenance at Honda dealerships, save the money on your stereo upgrade or whatever..."
@whocareswhoami7278
@whocareswhoami7278 6 күн бұрын
Hubris leads to downfall of giants.
@Qosmio1955
@Qosmio1955 5 күн бұрын
It's kind of wicked entertainment watching Toyota have its Kodak moment in real-time.
@nathankelly1708
@nathankelly1708 5 күн бұрын
Yep, Toyota must really be struggling with only having sold 920,000 vehicles globally last November.
@SW-lw6mt
@SW-lw6mt 6 күн бұрын
Tesla has already proven that you don't need a dealer footprint.
@chebrubin
@chebrubin 6 күн бұрын
A customer centric approach is never a bad idea
@contra_plano
@contra_plano 6 күн бұрын
In Portugal the dealership of Toyota is the same has... BYD.
@toriwatson9655
@toriwatson9655 5 күн бұрын
I used to work as a repair technician for a Japanese gaming console company. My friend has worked as a mechanic at Toyota for 20+ years. We were talking one day, I told him the reason I left that job was because they brought in repair quotas, strict repair timesheets etc. I remember our dodgiest repair tech was suddenly the hero of management as he finalized an incredible amount of repairs every day (although we got a huge amount of those repairs coming back again). I was conflicted in trying to do a repair properly or meeting my quota. My friend said Toyota brought in the same quota crap, he said that overnight the worst mechanics became the best. So would I pay extra to get stuff done by a Toyota dealership- no. Toyota is trying to confuse people, what is most different about a BEV is the simplicity and lack of moving parts, the minimal servicing and maintenance required. Toyota are pushing hybrids, they disparately want to keep their combustion engine production lines going and the revenue they make from spare parts and servicing these complex machines. The servicing for EV's is so minimal. A lot of 'Issues' are software related and are fixed with updates. Having said that, I feel that too much complexity of the digital side of all modern cars is undesirable. Keep the software simple, reliable and very stable.
@gavinmarshall6438
@gavinmarshall6438 6 күн бұрын
Well after my experience with GWM and my Ora, I think there is some truth to a reliable dealership with good customer service being a determining factor in car purchases. I feel burnt by GWM ! I would do much more research than I did before buying a non traditional brand again. Serving is actually important.
@heater424
@heater424 6 күн бұрын
What was the issue with GWM?
@bensouthall6705
@bensouthall6705 6 күн бұрын
I’m set to buy my first EV car, Sealion 7 soon and now I am deep into your videos. Similar to robotics and AI, the automotive industry is super interesting due to all the fast paced changes taking place. Thanks for your commentary, especially on the Australian market. Keep it up!
@ericn3221
@ericn3221 6 күн бұрын
Hey Sam, What is the Xpeng dealer network like in Australia? I have never heard you talk about service after the sale with Chinese BEV's in Australia.
@ongmat4439
@ongmat4439 6 күн бұрын
It is non-existent, that's why he avoided mentioning it. 😁 He is only interested in bashing Toyota, it appears that he was already bought.
@keskillia942
@keskillia942 6 күн бұрын
I sent an email to xpeng for a detailed address for their Brisbane dealership which was on the net. That was over three weeks ago and still no reply. I drove 6 hours and was there for four days, I’m home now and I’ve gone cold on xpeng.
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
Exactly what service do you expect An electric vehicle needs? Tesla doesn’t even have a service schedule.
@nuevision8
@nuevision8 5 күн бұрын
​@@ouethojlkjn The only service or maintenance on an electric vehicle with regenerative braking should be tires & windshield washer fluid.
@3drocket
@3drocket 5 күн бұрын
Sam now works for the CCP and he doesn't even know it.
@Thatstreetguy-jy4xx
@Thatstreetguy-jy4xx 6 күн бұрын
I have never had a good dealership experience with an ICE car. I took my BYD Seal to MyCar yesterday, and they were awesome.
@bjornhelgason1879
@bjornhelgason1879 6 күн бұрын
Ice is melting
@knowthetruthhere
@knowthetruthhere 6 күн бұрын
Funny and to the point. I've noticed many shills and The Electric Viking is doing well for a simple KZbin channel, very positive for the most part and definitely not a shill.
@TkoddaLee
@TkoddaLee 6 күн бұрын
He definitely a shill 😂😂😂😂😂😂all his video is Chinese EV good good good they are the best they will dominate
@ongmat4439
@ongmat4439 6 күн бұрын
The guy is shill himself...but a shill for China....🤣🤣
@mangravy2000
@mangravy2000 6 күн бұрын
I’ve owned many Toyota’s over the years and the reason was I never ever went back to the dealer after a purchase, the cars never broke down. So the dealer network is not going to save them.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
It makes sense that you can buy a car at the same place where you can Tesdrive it right?And if you already have a showroom why not offer repairs cleaning upgrades styling packages Tire storage savtychecks,car rentals and so on!Does that not make perfect sense?And while you wait for maybe a break job,you drink some coffee and walk around the showroom and maybe you think,it's time to upgrade and that car there looks amazing,so the dealer comes and offers you a Tesdrive,and when your back then repair is done!
@Steve-co1ic
@Steve-co1ic 5 күн бұрын
I live in the UK and bought a Kia EV from Lloyd motors a main Kia dealer paying top price, I then started losing pressure in one of the tyres, took it back to the dealers but they couldn't find the leak, the problem persisted and I arranged another service visit, still they couldn't find the problem frustrated I took the car to a tyre shop where it took them about 90 seconds to find the screw sticking out of the tyre. Main dealers never again, I've just bought a Tesla
@tomehCanada
@tomehCanada 6 күн бұрын
It sounds like 1976 during the oil crisis when the big three North American makers said "we can't possibly get better gas mileage from our cars." That average was around 16 mpg or 15.7 l/100km. Also reminds me of younger co-worker telling me in 1985 "why did you buy a CD player, they will never take off?"
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
I remember seeing back to the future two and flatscreen TVs hanging on the wall. I honestly thought it was a special effect fantasy that would never happen in real life. I expect all the cathode ray tube manufacturers thought the same thing.
@marcheezy.
@marcheezy. 6 күн бұрын
You know you're in trouble when your spokespeople sound more like politicians and lobbyists than private company leaders.
@ShaneBaker
@ShaneBaker 6 күн бұрын
Winning by providing service?? Seriously? I have my ICE car serviced by an independent because the dealer I was using was lying to me to sell unnecessary services and parts. The final straw: a full set of tyres - which the local Bridgestone store confirmed was totally unnecessary. He's got to be dreamin'!!
@wgemini4422
@wgemini4422 6 күн бұрын
I don't know how many times my Toyota dealerships have recommended $500 worth of engine shampooing. I recently realized they did my oil changes wrong all along. Went to a independent mechanic, my car feels so much smoother. I got a Tesla already though after getting tired with the dealership.
@stevebearsley2308
@stevebearsley2308 6 күн бұрын
Hi Sam. BYD opened their new dealership here last month. Yesterday, driving through the city, I saw four different BYD cars. MG, Omoda, Jaecoo, and others are opening dealerships. Legacy ICE brands are going to take a big hit, and it's going to hit fast and hard.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
It's just normal to lose some market share with more compatoters!Nothing to see here!Chinese will mostly buying Chinese car brands for nationalistic reasons!They hate the Japanese so much!The word is big and the Toyota group has still the advantage of scale,and smaller Japanese car producers will work together to lower costs!
@stevebearsley2308
@stevebearsley2308 5 күн бұрын
@@BrunoHeggli-zp3nl Perhaps for some, but many people want the reliability and convenience of EV's. We have solar for our house which means cheap transport costs. And the EV manufacturers offer far better warranties compared to the ICE manufacturers.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 5 күн бұрын
@@stevebearsley2308 Sure! I will buy a nice BEV in maybe 8 years from Toyota or Daihatsu until then a cheap used Toyota hybrid will do the job perfectly!
@stevebearsley2308
@stevebearsley2308 5 күн бұрын
@BrunoHeggli-zp3nl You hope. With the drop in Toyota sales, they may be out of business by then.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 4 күн бұрын
​@@stevebearsley2308Why would they go out of business just because of less sales?
@soothingunboxing7129
@soothingunboxing7129 6 күн бұрын
Good customer service is needed more when the car has an engine that needs lots of servicing. The service better be good.
@vicpetrovich6266
@vicpetrovich6266 5 күн бұрын
We are realising that dealers are just like real estate agents . They take a lot of money for doing very little . In fact they are not really needed . A middle man may be needed some times but not at a huge price which is what dealers and their service departments charge .
@nzoomed
@nzoomed 6 күн бұрын
I was expecting them to say hydrogen was going to save them!
@trythis2821
@trythis2821 6 күн бұрын
No Toyota are going to develop multiple different fueled vehicles. Reading between the lines all they really want to do is keep selling ICE as that is where the fat is, factories are all setup, and they don't need to spend much on R&D.
@DJ2024-t4j
@DJ2024-t4j 6 күн бұрын
Shoes and clothing stores said the same about on-line stores. "No one will buy without trying it on first"
@markallen4514
@markallen4514 6 күн бұрын
I remember an analyis of Amazon from a famous investor and stock picker who opined that AMZ would never be a significant threat to traditional retail because of lack of salespeople. If you can't imagine a new way, you will never see the future even as it arrives.
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
Yes, indeed a narrow world view is a dangerous thing. It is even more dangerous when you are spending your time looking backwards.
@mannkeithc
@mannkeithc 5 күн бұрын
I agree with your comments. I've never purchased a Toyota car because they were overpriced for what they offered, and my experience of legacy auto manufacturer's dealer networks to date is underwhelming at best. I've just exchanged my 2022 Telsa model Y AWD for the latest Model 3 AWD and incredibly happy. Healthy competition is good for the consumer, and the legacy auto manufacturers have dictated their terms for too long, and we are long overdue for change.
@MASMIWA
@MASMIWA 6 күн бұрын
That's what they said about the Titanic.....unsinkable until it sunk. The Japanese version was the Yamato.
@peternagy7026
@peternagy7026 5 күн бұрын
I see the logic in Toyota's message, let's see how they try to implement it! Like: get rid of the extreme rip-off happening in dealership services, stellar part prices and so on. I believe there will be a market for ICE mobility (like real off-road and light/heavy trucks), and even the most perfect EV needs some check-ups and repairs time to time. So, the established network plays a significant role, but I don't see how can they keep their shiny look and high pricing. The only way to tie sold cars to themselves is the intellectual property card, meaning nobody can effectively service the cars because of the lack of needed (proprietary) software tools. EU should intervene here for the last time, before its dissolution!
@adamesd3699
@adamesd3699 6 күн бұрын
Let’s assume for a minute that Toyota is correct, and that having good dealerships is sufficient to keep customers from switching to superior Chinese EVs. My question is: HOW will Toyota ensure that their dealers don’t screw their customers? Yes, there are some good dealerships out there who do value long term relationships with customers. But that comes from the dealership itself, not the car maker. I’ve never seen this successfully enforced by mass market brands like Toyota (Lexus is a different matter). They don’t call them “stealerships” for nothing.
@ouethojlkjn
@ouethojlkjn 5 күн бұрын
Over decades and many company cars, I have never had a good experience with any dealer. I don’t know what planet Toyota is on, but where I am the sky is blue.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 6 күн бұрын
Toyota group is doing amazing!Here in Indonesia there is a 24/7 openair Japanese car brand party on the street every day!75% brands from Toyota and 23% other Japanese brands!It's heaven!
@avil8686
@avil8686 6 күн бұрын
But the price of Honda-CRV is almost 2x the price of Chery Tiggo 8 here in Indonesia. Do the math.😅
@poros4588
@poros4588 6 күн бұрын
This isn't new Companies often make up exorbitant claims about their competition in order to gain investors. Problem is Toyota is 200 BN in debt and their EVs have failed. It's already proven that EVs are the future and China being the largest consumer market, you have already lost your battle. I remember i think it was in 2023, Toyota lost so much sale in China that even though their sales globally increased 36%, they still made a loss and lost market shares.
@philip7415
@philip7415 5 күн бұрын
Nokia told Toyota : donot underestimate new stuff
@ChrismTwo
@ChrismTwo 6 күн бұрын
An electric motor is more efficient, cheaper to make, and incredibly long lasting, and cheaper to run, plus you don't need to physically ship fuel to ot it.
@BangkokZed
@BangkokZed 5 күн бұрын
Just like the James Blunt song “Just close your eyes and the monster will go away”.
@wadeterheide8873
@wadeterheide8873 6 күн бұрын
I love my Toyota Prius V but Toyota has nothing I am interested in purchasing next. Akio Toyoda is killing Japanese auto manufacturing, hard to believe that one incompliant person has the power to cause so much damage to an industry and a country.
@paulc6766
@paulc6766 6 күн бұрын
Yes it really is all down to one man.
@wgemini4422
@wgemini4422 6 күн бұрын
Indeed, I love my Prius C. But after getting tired of dealing with Toyota dealerships, I got a Tesla instead. And that's only because Tesla was the only EV choice in my country. I wanted Ioniq 5, but Hyundai dealerships also sucked and wanted to sell me a demo car above MSRP.
@arokh72
@arokh72 6 күн бұрын
I'm in regional NSW. I can see the point Toyota is making, and agree to a point. Other than Honda, my nearest legacy dealers are 50km away. My nearest Chinese dealers are in Sydney, almost 3 hours away if in western Sydney. Whilst I can get my local mechanic to service any new car, at least ICE or hybrid anyway, but if I need a warranty item fixed, I'd rather drive, or tow in the worst case, a mere 50km, than all the way to Sydney. Also, all 4 mechanics in town warned me away from Chinese cars, mainly because they are unable to get parts. It might be different in the cities, but this is what it's like out west of the Blue Mountains, in NSW anyway.
@hkfoo3333
@hkfoo3333 6 күн бұрын
ICE cars will be facing the same fate as Kodak ... and EV today is at the same stage as Mobile phones were . A lot of new features price reductions that will be happening. Cars in future is not just for travels. already the cost and efficiencies of batteries are reducing dramatically.
@crosslink1493
@crosslink1493 6 күн бұрын
Kodak is still in business, doing quite well.
@StuartDapples
@StuartDapples 6 күн бұрын
I worked for a Japanese consumer electronics and business equipment giant in Oz for over 20 years. These are the same comments our Japanese leaders told us when we told them what our competitors were doing. That Japanese giant failed. It’s now a Chinese company.
@WanderingSword
@WanderingSword 6 күн бұрын
"customer service" is more important to the ICE cars because these break down more. With EVs, a lot less to break down and maintain, it's mainly the batteries, and you just replace those.
@philarmour
@philarmour 6 күн бұрын
The local dealership were to move into new premises, they even had some vehicles sitting on the new site but they’ve retreated back to the old site in recent weeks. Coincidence ?
@Richard-s1d5q
@Richard-s1d5q 6 күн бұрын
Wow. Kharmic retribution for the past 30 years of hubris and lying to the public is finally coming back to haunt Toyota...
@andrewhewes4010
@andrewhewes4010 6 күн бұрын
Thank you for mentioning Citroën, an old and susceptible car brand. One of my many favorite cars.
@arthurkirsch8188
@arthurkirsch8188 6 күн бұрын
Best chance for Chevy ford vw Toyota the only ones left after this is all over is for catl and byd to build battery plants in Mexico and put them in the old brands vehicles built in Mexico.
@skyworks1621
@skyworks1621 6 күн бұрын
Toyota is crazy. They were the 1.st with Prius but now they are the last in looking to the future with EV and other tech. At the end they will sell cars in India and South America were markets are far behind.
@scoty_does
@scoty_does 6 күн бұрын
When is that killer Toyota EV with a solid state battery coming, that was promised in 2015?! :D
@larryc1616
@larryc1616 6 күн бұрын
Hydrogen first 😂
@scoty_does
@scoty_does 6 күн бұрын
@@larryc1616 I looked it up Toyota has been talking about Solid state batteries since 2010.... How many hydrogen stations do we have in the US now?
@ZweiZwolf
@ZweiZwolf 6 күн бұрын
@@scoty_does Fewer H2 stations today than when the Mirai was released.
@scoty_does
@scoty_does 6 күн бұрын
@@ZweiZwolf :|
@NopWorks
@NopWorks 5 күн бұрын
I hope this means that Toyota dealerships will finally stop ripping customers off
@i6power30
@i6power30 6 күн бұрын
Sounds like they already gave up on markets that lets Chinese EVs compete on level field. They will just focus on surviving in America and EU.
@e1v1a19
@e1v1a19 6 күн бұрын
Heavily subsided Chinese EV companies is fair playing field? You take Russian steroids in your butt for a fair playing field too?
@Discovery2024-rn8kn
@Discovery2024-rn8kn 5 күн бұрын
Honda dealers service always wanted to replace my brake pads every 15k despite I drive almost on highways only with minimal to zero braking, they want to replace windscreen wipers, and just about every parts. Dealers and Japanese cars should get stuffed
@LegendaryInfortainment
@LegendaryInfortainment 6 күн бұрын
The crack must be really good in Japan. Messes up 'yer head though!
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