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Full Version: Report: Toyota May Lose Up To $5 Billion In 2010
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VMax2007
Evidence that GM's (and Ford/Dodge's) issues are not solely based on poor mgmt and/or poor products.



http://www.motorauthority.com/report-toyot...on-in-2010.html
HawkeyeOC
Toyota was just in far better shape than the domestics going into all this. Phew! at least we will get our Prius lol.gif
P71_CrownVic
QUOTE (VMax2007 @ Apr 14 2009, 11:17 AM) *
Evidence that GM's (and Ford/Dodge's) issues are not solely based on poor mgmt and/or poor products.
http://www.motorauthority.com/report-toyot...on-in-2010.html


Really?

No doubt that the recession has/will hurt Toyota and the like, but where Toyota is just now losing 5 billion for the whole year, Ford and GM have been losing 10s of billions each quarter.

I don't think that any appreciable amount of Toyota's losses are because of management. But, that is only my guess.
jack_price
Wow! $5 billion. its a huge amount. Really feeling sad for them.
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