Toyota Expecting $3.9 Billion Loss

Company's first loss in nearly 60 years

2010 Toyota Prius
2010 Toyota Prius

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Comments (9)

 Xanavi23 Xanavi23
Its just a bad time in the market for all makers.
February 9, 2009 12:28 pm
This is a tough hit for Toyota, lots of layoff's to come. Read more about it here http://free.onesource.com/Toyota_Motor_Corporation-overview/t_k/v_28470
February 9, 2009 2:06 pm
 rcw rcw
Very, very, very true. It's just the reality of things. Some companies are in a slightly better spot because of the way they operate and lower expenses but almost all of the manufacturers are having a hard time due to low sales.
February 9, 2009 3:13 pm
 dom6698 dom6698
I said a while ago they were getting too big too fast.
February 9, 2009 4:03 pm
 Get_real Get_real
So dom6698, you want us to call you a visionary or what? As the other two posters mentioned: it's a bad time for all makers so nothing exceptional and nothing to do with the fact they were growing up until last year. And secondly after about 50 years without big losses, it is getting difficult to keep doing better. So the odds on your statement were not that low.
February 9, 2009 6:26 pm
 9TNine 9TNine
Toyota always had lower sales volumes in Europe... They never had a best seller here ever! It was only the Asian and US markets that propped them up
February 9, 2009 9:00 pm
 nendor nendor
Well 9TNine Japanese cars sales aren't good in Europe because of the European Union they trade within the Union so Renault , fiat, Peugeot and others for daily use ... Yeah Europeans has everything From Luxury, and super cars ------- daily use cars
February 9, 2009 11:22 pm
They say it is harder to keep growth at the top then to reach the top. Given the circumstances of the global economy it must have gotten even tougher. It is amazing to think that their sales figures indicate that most people that buy cars indeed do not care about excitement when it comes to choosing a car!
February 10, 2009 12:58 am
 koreafighting koreafighting
It's very good news to me hehe I am very wishing the toyota bankrupping soon
February 18, 2009 1:18 pm