TOYOTA’s new medium-sized Camry has been launched into an Australian market segment that "within a blink of an eye" has become a significant battleground for private buyers.
According to Toyota Australia’s senior executive director of sales and marketing David Buttner, private buyers now buy more medium than large cars and have accelerated the slowing of the large-car segment, which Toyota will re-enter with the new Aurion V6 later this year.
"The turnaround occurred just last year," he said. "In 2004 private sales in the large segment totalled just under 44,000, while private sales in the far smaller medium segment totalled 35,500. Then last year they switched.
"Large-car private sales dropped to 34,000 and medium private sales soaredto above 42,000."Mr Buttner said the trend had accelerated this year, with medium private sales running 28.7 per cent ahead of large private sales.
"While the large-car market is still exceptionally important, it’s volume among fleets and governments that keeps the locals viable," he said. "It’s worth noting that in 2005 governments bought 39.9 per cent more medium cars, albeit off a low base and still in relatively low volumes."However, Mr Buttner believed a range of factors – not simply rising fuel prices – were driving buyers to downsize vehicles.
Left from top: Sportivo rear Altise Camry range Grande interior."With the advent of novated leases and salary sacrifices, fewer company cars are following the traditional linear path to prestige motoring," he said. "In fact, the two vehicles that historically have been the pinnacle symbol of success in the company garage (the Holden Statesman and Ford Fairlane) are in decline.
"In the past six years, sales of two locally manufactured long-wheelbase models have diminished – 49 per cent for one (Fairlane) and 34 per cent for the other."Mr Buttner said the beneficiaries had been the medium-sized cars in the prestige and subprestige markets. "Most of them imports," he said. "In fact, in the same few years, demand for prestige cars has increased better than 37 per cent.
And demand for Camry? Well it’s up 25 per cent.
"Toyota knows where the competition is coming from and it’s not from traditional sources."Mr Buttner also believes Toyota’s two-tier strategy of offering the Camry four-cylinder only and the new Aurion six-cylinder had gained currency as fuel prices bite.
The Aurion, like Holden’s VE Commodore, will produce a stimulus to the market but not enough to lift the large-six segment to its previous high levels of penetration, he said.
Mr Buttner believes the new Camry would not only attract a younger type of buyer but aspirational buyers too.
"Both are an answer to the high-grade models of their competitors," he said. "Over the past five years the volume of entry-level cars has remained constant.
"The sports and luxury segments of the medium-car market have grown markedly. We’ve see our competitors exploiting the rising demand at this end and now it’s our turn."He expected the Sportivo and new Grande luxury model to eventually account for more than 25 per cent of sales "and arguably that could be incremental".
Based on current sales, Toyota expects the entry Altise to make up 64 per cent of volumes, the Altera 10 per cent, Sportivo 17 per cent and the new Grande just nine per cent.
And the Camry’s old cardigan image? "We’ve cast off the old Camry image," MrButtner said. "From today, I think we can include style and sophistication amongst our key selling features."
Standard Altise features:
Dual front airbags Air-conditioning with pollen filter Reach and height-adjustable steering wheel Steering wheel-mounted audio controls Map lights Impact-sensing fuel cutoff Cruise control Power windows and mirrors Remote central locking Alarm Power lumbar driver’s seat adjustment Automatic headlights on MP3/WMA audio capability 16-inch steel wheels Four-speaker CD/tuner stereo Lockable 60/40-split folding rear seat with remote boot release
Ateva adds:
Shift position indicator Front-seat side and curtain airbags Dual-zone automatic climate-control with external temperature gauge 16-inch alloy wheels Front foglights Six-speaker audio system with six-CD in-dash stacker Eight-way power-adjustable driver's seat Six-way power-adjustable front passenger seat (including lumbar) Rear-seat centre armrest with two cup-holders Leather-bound multi-function steering wheel Trip computer Leather-bound gearshift lever and parking brake lever Chromed grille surround and inside door handles Body-coloured mudflaps
Sportivo adds:
Sports suspension Sports headlights Additional body bracing Sports mesh grille Front foglights 17-inch alloys with Michelin Vivacy tyres Rear ski-hatch (in lieu of 60/40-split folding rear seat) Aero bodykit (front bumper/spoiler, side skirts, rear skirt, rear spoiler) Chrome exhaust diffuser Sports front seats Power eight-way driver's seat adjustment Power and six-way front passenger seat adjustment (including lumbar) Black sports seat trim Trip computer Rear-seat centre head restraint Analogue sports instrument cluster Six-speaker audio with six-CD in-dash stacker External temperature gauge Shift position indicator (with auto transmission) Alloy sports pedals Sportivo metallic front-door scuff plates
Grande adds:
Leather seat and door trim Vehicle stability control (VSC) Traction control Satellite-navigation with Bluetooth Steering wheel-mounted Bluetooth controls Rain-sensing windscreen wipers Sunroof Ppersonal rear lamps Power rear sunshade Chrome exterior door handles and exhaust diffuser Woodgrain finish on door switch plates and upper console Metallic paint
The detail:
Engine type: 2.362-litre 16-valve DOHC inlet VVT-i four-cylinder Location: Front Drive: Front-wheel Power: 117kW at 5700rpm Torque: 218Nm at 4000rpm Manual transmission: five-speed Automatic transmission: five-speed Brakes: Power-assisted, ventilated 296x28mm front discs, solid 286x10mm rear discs four-channel ABS, EBD, brake assist standard Suspension: MacPherson strut with wide-based L-shaped lower arm (front) dual-link struts (rear) coil springs, anti-roll bars Sports suspension with unique spring, damper and stabiliser bar settings Spare wheel: full-size Steering: Power-assisted rack-and-pinion Turning circle: 11.8 metres Warranty: Three years/100,000km bumper-to-bumper