Funky Cars > Toyota Predicts First Loss in 70 Years | Hybrid Cars
[HybridCars.com] The figure is especially shocking since Toyota projected a $14 billion profit earlier in the year, and re-adjusted that forecast downward to $6.7 billion as recently as November. It also comes on the heels of eight consecutive year-over-year profit records, ending with more than a $25 billion surplus for fiscal 2008.
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[Environment] Toyota Predicts First Loss in 70 Years | Environment: The figure is especially shocking since Toyota projected a $14 billion profit earlier in the year, and re-adjusted that forecast downward to $6.7 billion as recently as November. It also comes on the heels of eight consecutive year-over-year profit records, ending with more than a $25 billion surplus…
[Untitled] The Turner Report » Journey down: As for quality - Toyota is amazing. The cars are built by teams, so to speak, and before any car leaves the line, it is inspected by a robotic spider.
[Untitled] GovTrack: Senate Record: PAUL WELLSTONE MENTAL HEALTH AND ...: Given what we have already experienced this September--that regular investors pulled $335 billion out of money market funds, that the cost of overnight lending between banks jumped 116 percent, that capital has evaporated, that major banks have failed, that small firms--as well as large--have been suddenly denied access to existing credit lines, never mind new loans--that on this Monday alone the U.S. stock markets lost $1.2 trillion, it is difficult to conclude there won't be serious and systemic consequences for our economy--for household finances, for American jobs--when the full impact of this meltdown truly manifests itself and we face the imminent threat of a severe recession.
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