Wednesday, November 7, 2007

Toyota calls it: Will sell 200,000 Tundras in 2007


During the 1932 World Series at Wrigley Field, New York Yankee Babe Ruth pointed to the center field bleachers while at bat during the fifth inning. He then knocked one out of the park directly where his finger was pointing. The Babe's famous called shot reminds us of recent comments made by Jim Lentz, executive vice president of Toyota's U.S. sales, about the Toyota Tundra. Last Thursday Lentz said, "We're spending the incentives necessary, given the economics, given a down market, to sell that 200,000 vehicles."


While not as glamorous or direct as Babe Ruth's pointed index finger, in our eyes Lentz effectively pointed to the center field bleachers and called it: Toyota will reach its goal of selling 200,000 Tundra's in 2007, the new full-size pickup's first year of sales. About 97,290 2007 MY Tundras were sold in the first six months of 2007, so 200,000 certainly seems reachable, but by no means in the bag. Just like the Big 3, Toyota has been laying both dealer and customer incentives on the hood of 2007 Tundras to encourage sales, and marketing for the truck has been omnipresent on TV and the web. Toyota disputes, however, the Edmunds.com estimate that incentives for the Tundra amounted to $6,861 per truck last month when 23,150 units were sold.


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