Prius glut

Four months ago, they have 6 Prius and today they have 43. That an increase of 616%.

That means that because there is a recent spike in Prius that consumers are just not buying right now. It is November and we are in a serious financial crunch. If gas prices start surging again check those inventory numbers. Another member posted that Prius sales normally take off in the spring. Last year, that was an understatement. Dealerships exhausted winter inventory late March and early April with gas prices rising but previous years were not much different.

 

Holy Cow!! you cant find one anywhere on a lot around western NC. I talked to a salesman at my dealer and he said they had 34 on order and were informed to expect delivery of only 10 or less.

 

Hummm,

Prius sales crashed in April/May because they ran out of inventory. They sold every one they had:

You don't suppose this might be part of a plan to 'soften' demand in the USA until the new production and higher margin 2010 can arrive? After all, they can sell the Prius in China and Russia for a much stronger currency. Russia is an oil exporting nation.

Bob Wilson

 

I was at a dealer yesterday and he tells me there are two things going on:
1. Demand has dropped due to the reduction in the price of gas, as well as the economy
2. For a short time, Toyota reduced production because the battery supplier couldn't make them fast enough. That issus has been resolved and the normal production run is going

The dealer says they are selling Priuses but not as much as they would like. His inventory is around 25 cars right now.

 

There are 3 of them sitting on the lot in Greenville, SC. They have a package 2, 5, and 6.

 

There were a handful on the lot in Easley, SC as well. A mix of packages and colors.