Toyota tends to have more products in each segment. Honda goes much slower -- for example, it's not in pickups at all. But they watch and when they execute a product, they do it almost flawlessly so they immediately have a leader in the segment. -Tom Libby

 

Toyota tends to have more products in each segment. Honda goes much slower -- for example, it's not in pickups at all. But they watch and when they execute a product, they do it almost flawlessly so they immediately have a leader in the segment.


-Tom Libby
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This quote is just one of 9 total Tom Libby quotes in our collection. Tom Libby is known for saying 'Toyota tends to have more products in each segment. Honda goes much slower -- for example, it's not in pickups at all. But they watch and when they execute a product, they do it almost flawlessly so they immediately have a leader in the segment.' as well as some of the following quotes.

There are a couple of schools of thought on this.

Tom Libby

The domestic manufacturers have capacity in excess of demand, so they have determined to lower price through incentives to keep them occupied.

Tom Libby

Right now the domestic brands do not have the reputation that would allow them to go without incentives. Chrysler tried it three years ago. Then two weeks later they got right back on the incentives because without them they couldn't market anything. The brand strength of Honda, the history of reliable, durable products, is great enough to pull in prospects without customer cash.

Tom Libby

They don't seem to be able to make money there.

Tom Libby

Go over $3 and close to $4 and stay at that level for at least a year.

Tom Libby