Comments on: Toyota forecasts US$4.95 billion loss

By: Dont Be Sour Grapes

Dont Be Sour Grapes — Mon, 09 Feb 2009 09:19:38 +0000

Wheelnut, yes I still own the TRD. It’s not a bad car by any means, especially since I got a ridiculous deal on it. But it screams out to be a RWD/AWD. Traction control has to be turned off for any decent amount of fun, and if it is a wet day you can forget about spirited driving or else the next car you will be in is a hearse. For a day to day driver, it does the job well, no compromising on space or comfort.

I’ve brought it around Nebo a fair bit too. It’s by far the stickiest FWD I’ve ever driven but it simply cannot compare with a RWD. Lucky it has good brakes or it would have been my bumper that Alborz would’ve seen on Nebo!

I am going to trade it in for an Evo X next year. I only buy cars when I can afford to pay cash.

By: Frontman

Frontman — Mon, 09 Feb 2009 03:26:32 +0000

Dear John, I’d suggest you actually look at the kind of protectionism that Toyota has recieved from it’s government over the pas 40 years, and also the deal sweeteners it has recieved from variuos countries and states around the globe before you make comments on the size of the “HANDOUTS” (why do people not read the facts, as these are only aproved as loans that MUST be paid back within a certain time frame and come with the pre-requisite of having a government member on the board) that “2″ of the D3 got…… Oh and don’t forget that the US tats where Toyota (and others) set up shop had to guarantee that the UAW were not able to force themselves inot those factories.

By: John

John — Mon, 09 Feb 2009 00:43:25 +0000

Like most things in life, one’s perception of things pretty much lies from what position in life they have achieved. Toyota was always going to go down eventually because as everyone knows when you are at the top, there are only two way’s to go. Either stay there or fall. GM and Ford on the other hand being in their own version of a toilet can only go up. Although with the help of taxpayers I might add, which without their help would have gone the way of the DODO (along with chrysler). Toyota on the other hand would still continue along without any help in the US.
In this economic climate there was zero chance of toyota continuing along at the current pace, so down the profit gurgler they have gone into losses. Something GM and Ford wrote the book on and alien territory for toyota. GM and Ford on the other hand are at the bottom of the pile and have been for a number of years, so there was only one way for them too go and that is up. You could not get any worse than GM, Ford and Chrysler as far as car companies go IMO!

By: CarAdvice Reader

CarAdvice Reader — Sun, 08 Feb 2009 20:19:13 +0000

Andrew M,
Why a Humble Pie?
Ford and GM would still love to lob of their left one, just to be in the same financial position as Toyota!!

By: Andrew M

Andrew M — Sun, 08 Feb 2009 09:52:40 +0000

Humble Pie is certainly the flavour of the month for Toyota lovers

By: Buck

Buck — Sun, 08 Feb 2009 09:43:47 +0000

Dingo will be howling mad.

Anyone know a good animal therapist ?

By: Fasthonda

Fasthonda — Sun, 08 Feb 2009 07:55:34 +0000

“Toyota also will cut spending on marketing and r&d.”

I can only hope and pray that their advertising on TV becomes severely impacted.

By: Bavarian Missile (.)(.)

Bavarian Missile (.)(.) — Sun, 08 Feb 2009 05:41:22 +0000

Quote Dan…..”Bavaria, get it into your head that the world is not going to come crashing for Toyota over one or two recalls ok. You may keep on dreaming as much as you like, but fact of the matter is, this won’t even make a ripple, no matter how many times you quote the heading of this article here. As someone above said, recalls are part of the business. All manufacturers do recalls every now and then. Keep dreaming all you like, but you;re only setting yourself up for a disappointment.”

Seems there is bad news after bad news weekly for your precious Toyota Dan ………….when you forecasting Toyota start knocking on the Japaneses Governments door for money again ?

Must be time for another recall next week what you think ?

By: sexythang

sexythang — Sun, 08 Feb 2009 04:47:40 +0000

you have to understand you do not judge a company by the first few bad announcements they make. you still need to consider the underlying strategic and infrastructure strength that they have. the fundamentals of toyota is still as strong as any car company can be and once economy picks up you can be sure thier profits will pick up as well. it will take thier closest competitor VW at least 20-30 years to catch up to where toyota is now. i am no fan of toyota, but ‘how to run a business’ wise i think they are top of the game. as effective as the advertisements of kia/hyundai are now, they are still a long long way behind. GM, chrysler and ford are irrelevant because they arent a business. they are a charity case. centrelink. medicare.

by the way, you delay the prius because not many people are going to have the cash to buy the prius yet until the economy picks up.

By: RoFlmaTiC

RoFlmaTiC — Sun, 08 Feb 2009 04:34:04 +0000

Wheelnut said: “Roflmatic – we are talking about Profits and Losses not Assets/Liabilities or Equity.

You are obviously a Toyo-phile as [like most of them] you have tried to change the subject.”

Name calling now?

I’m glad I don’t have to explain simple accounting concepts to you as Axe seems to have already done so. Cheers Axe.