P&A Providers & Administrators
MenuMENU
SearchSEARCH

Edmunds.com: Toyota Already Recovering from Recall

February 4, 2010
2 min to read


SANTA MONICA, Calif. — Edmunds.com has noticed that Toyota purchase intent has risen dramatically since the company announced a fix for its recall.


“Toyota purchase intent fell from 13.9 percent of Edmunds.com car shoppers to 9.7 percent during the height of the recall frenzy,” said Edmunds.com Senior Analyst David Tompkins. “Toyota purchase intent is back to 11.8 percent and seems to be climbing steadily.”

Ad Loading...


Where do Toyota competitors currently stand?

  • Honda gained the most purchase intent at Toyota’s expense, increasing by 1.1 percentage points

  • Ford purchase intent rose .8 percentage points

  • Hyundai and Mazda purchase intent each rose .7 percentage points

  • Nissan purchase intent rose .4 percentage points

  • Volkswagen purchase intent rose .3 percentage points

  • Chevrolet and Subaru purchase intent each rose .2 percentage points

“The Toyota recall stopped sales for about 55 percent of the company’s models, causing its monthly sales to drop below 100,000 for the first time since January 1999,” noted Edmunds.com Senior Analyst Ray Zhou. “However, we expect that Toyota will make a full recovery fairly quickly. And Toyota dealers may enjoy higher profit margins as they will have less inventory to offer because of the production stoppage while the company will likely boost demand through brand-building goodwill incentives.”


What about Toyota prices today?


"Affected Toyota's trade-ins have taken about a 10 percent hit in value; dealers will take them at a lower price because of the uncertainty even though many of them will end up enjoying a higher profit margin when they sell them in a few weeks after the recall issue is resolved,” according to Edmunds.com Analyst Joe Spina.

Ad Loading...


“For unaffected vehicles, if there is an equal competitor in the marketplace – like the Honda Odyssey competes with the Toyota Sienna - there is as much as a three percent decrease in value for the Toyota today, but for vehicles without a direct competitor like the Toyota Tacoma we aren’t seeing any change in value. Once the recall is resolved, Edmunds.com anticipates Toyota prices will rebound quickly," Spina added.


Edmunds.com defines "purchase intent" as the measure of actual buyer interest reflected by pricing research, vehicle configuration and other focused steps. Purchase intent has a strong correlation to sales. The data reflects share of total Edmunds.com traffic engaged in purchase intent activity.

More Industry

Kia Niro SUV in gold color parked outdoors
Industryby Hannah MitchellSeptember 1, 2026

Kia Closes Out Summer With a Bang

Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.

Read More →
Outside of Auto Park Ford dealership
Industryby Lauren LawrenceSeptember 1, 2026

Indiana Dealership Changes Hands

A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.

Read More →
Three men standing in front of two classic cars handing off gift.
Industryby Hannah MitchellAugust 25, 2026

Texas Dealership No Longer in the Family

The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.

Read More →
Ad Loading...
Outside of modern car dealership “Genesis of San Bruno
Industryby Lauren LawrenceAugust 25, 2026

Genesis Grows California Presence

The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.

Read More →
Red Honda Civic hybrid sedan on two lane road with green hills in background
Industryby Hannah MitchellAugust 21, 2026

August Auto Sales a Mixed Bag

An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.

Read More →
EV charger inserted into dark-colored car port
Industryby Hannah MitchellAugust 18, 2026

EV Market Humming Along

July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.

Read More →
Ad Loading...
car in background with hand giving a thumbs up in front
Industryby Lauren LawrenceAugust 14, 2026

Auto Loan Delinquency Rates Stabilize

Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.

Read More →
blue sky, yellow and orange rollercoaster with riders going up an incline
Industryby Lauren LawrenceAugust 12, 2026

EV Sales Recover in Q2

The EV sales roller coaster continues as numbers show improvement, but industry experts predict a year-over-year third-quarter decline and fourth-quarter jump.

Read More →
Photo of blue Toyota Prius parked next to body of water with city skyline in background
Industryby Hannah MitchellAugust 5, 2026

The Cheapest Hybrids to Fuel

The powertrain is increasing in popularity, in no small part due to its fuel economy. A new report lists the most efficient hybrids on the market.

Read More →
Ad Loading...
white SUV parked in front of a body of water with a gray sky background
Industryby Lauren LawrenceAugust 5, 2026

Hybrids and SUVs Gaining Ground

The most recent Kelley Blue Book Brand Watch found that only two nonluxury brands increased in shopper consideration, buoyed by their hybrid and SUV offerings.

Read More →