Toyota posts $2.2 billion profit - what recall?

Akio Toyoda and his Board of Directors, 700, 11.05.2010
Akio Toyoda and his Board of Directors, 700, 11.05.2010

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Comments (20)

 jimbotron jimbotron
People do love their dull cars.
May 11, 2010 7:24 am
 apwozniak apwozniak
people do love cars they can afford. even though I can't afford one. or any car for that matter
May 11, 2010 7:35 am
 sideskraper sideskraper
Poor you.
May 11, 2010 7:49 am
 sideskraper sideskraper
People love cars that they can rely on.
May 11, 2010 7:50 am
 LeonOfTheDead LeonOfTheDead
People don't know about cars, period. And that doesn't mean they shouldn't buy a Toyota or a Porsche.
May 11, 2010 7:58 am
 lfa lfa
after all they've been through the past few months and they're still able to post a $2.2 billion profit, very impressive! just hope they keep it up.
May 11, 2010 8:18 am
 Turbo91 Turbo91
theres no stopping VW though. They are in Toyotas rearview coming up at autobahn speeds
May 11, 2010 8:34 am
 supercharged supercharged
Board of directors AKA rich bastards
May 11, 2010 9:10 am
 dbehmoaras dbehmoaras
Don't be fooled--when they take 4grand of the sticker price they still make a ton of money, and people end up buying more cars.
May 11, 2010 9:22 am
 car-o-bar car-o-bar
People love appliances that just run without any issues for years and years, perhaps generations. Appliance, that's exactly what Toyota is.
May 11, 2010 9:32 am
 MTC MTC
Now, go and make a Supra!
May 11, 2010 9:43 am
 9TNine 9TNine
$2.2 billion profit... From car-making? Or other activities, such as investment income...??
May 11, 2010 10:30 am
 GRAVE GRAVE
Thats because they make some good affordable cars like the Avalon, it's a very nice car compare to the size and comfort and the interior design and a price less than $35k, also the Land Cruiser is a very rigid and reliable car so i'm not surprised even with the massive number of recalls they make the biggest profit.
May 11, 2010 10:34 am
 2010S5 2010S5
well done, considering the futile efforts of the media to shoot them down.
May 11, 2010 10:44 am
 9TNine 9TNine
Alas, the Toyota?s 2010 Annual Report has not yet been posted to their website, but what I got from very quick look from their LAST YEAR?s (ie 2009) annual Report: http://www.toyota.co.jp/en/ir/library/annual/pdf/2009/ar09_e.pdf Pg 66 ? net loss of US$4.45 bn for 31 March 2009 year-end, (ie the previous reporting year) or Yen 436.937 bn, as quoted by WCF in the text above? But Toyota?s market outlook for 2010 on Pg 4 ? ?Market outlook for Fiscal 2010? states, ?For fiscal 2010, ending March 31, 2010, we are forecasting vehicle sales of 6.5 million units, net revenues of ?16,500.0 billion, operating loss of ?850.0 billion, and net loss of ?550.0 billion on a consolidated basis? ?but instead reports a profit of US$2.2 billion profit? hmmmmm! I look forward to browsing their 2010 report when posted, to see if there has been any creativity!
May 11, 2010 11:08 am
 lbwesi lbwesi
Basic,affordable and disposable. When it mulfunctions at or near 100k before it kills you, send it to the junkyard and just buy anotherone as Toyoda smiles all the way to the Bank.
May 12, 2010 5:16 am
 TheAlchemist TheAlchemist
taking notes GM???
May 12, 2010 9:38 am
 THEBENCHMARK THEBENCHMARK
I hope not, the last thing GM needs is a safety scandal like this. They need to keep doing what they are doing right now, and that is producing amazing marketable vehicles.
May 12, 2010 12:15 pm
 TheAlchemist TheAlchemist
LOL
May 16, 2010 10:28 am
 THEBENCHMARK THEBENCHMARK
Yes, all the way to the bank.
May 19, 2010 11:55 am