Toyota posts $2.2 billion profit - what recall?
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Comments (20)
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
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
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
theres no stopping VW though. They are in Toyotas rearview coming up at autobahn speeds
May 11, 2010 8:34 am
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
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
$2.2 billion profit...
From car-making?
Or other activities, such as investment income...??
May 11, 2010 10:30 am
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
well done, considering the futile efforts of the media to shoot them down.
May 11, 2010 10:44 am
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
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
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









