Does Toyota reporting there first lost since the 1940s make you feel a little...

  • Thread starter Thread starter Frankie Coletta
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Frankie Coletta

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...better about the Big-3's crisis? They say they lost 1.5 billion in 2008.
(They made 55 billion in 2007)
 
No, it doesn't make me feel any better about the Big Three. It only points out that through hard times for all, Toyota chooses to be responsible for itself rather than expect the government to force tax payers to invest in their company.
 
No. They are talking about doing layoffs in America though. It'll be interesting to see the posture of some of the southern republicans where foreign factories are now about auto bailouts.
 
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