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View Full Version : Toyota is even having problems


TexasDevilDog
11-06-2008, 06:50 PM
Toyota Motor Corp. led declines among automakers in U.S. trading after posting a 69 percent plunge in quarterly net income and projecting its biggest annual earnings drop in at least 18 years.
http://www.bloomberg.com/apps/news?pid=20601101&sid=aSENL8loeQZw&refer=japan

The stock is not trading in Japan Friday due to imbalances in sell to buy orders.

Listening to Bloomberg Asia, a guest says that Toyota may have its a quarterly lose next year, first time since WWII. :eek:

GAP
11-06-2008, 06:52 PM
That's what they get for copying America's big 3.

FreightTrain
11-06-2008, 06:54 PM
They just reopend the Toyota plant in San Antonio this month. It had been shut down for 3 months. They claim it's only running at 50% capacity and it won't be 100% until april at the earliest depending on sales. I wonder how long before they get inline for government handouts like Ford, Gm, and Chrysler.

Casper
11-06-2008, 06:57 PM
They just reopend the Toyota plant in San Antonio this month. It had been shut down for 3 months. They claim it's only running at 50% capacity and it won't be 100% until april at the earliest depending on sales. I wonder how long before they get inline for government handouts like Ford, Gm, and Chrysler.

Only Nissan qualifies outside of the big 3.

bullet
11-06-2008, 09:20 PM
They must be getting desperate since sales went to crap. I got this offer in the mail today.



http://experience.toyotarewardsvisa.com/index.aspx?siteid=www-200810-rappla-trv-toyinfo