Toyota may be asking Japanese Gov't for loans

kdbolt70 · 03-03-2009, 08:14 AM

Where is your God now??

http://www.bloomberg.com/apps/news?p...QJU&refer=asia

I look forward to shoving this in the face of people that say to me "Well Toyota doesn't need any government money, why does GM? Oh because American cars can compete with imports."

Zabo · 03-03-2009, 09:09 AM

Oh the happiness that comes from reading this story cannot be properly put into words. It's even more enjoyable than reading 3's SS thread. Not building competitive cars my arse. Indeed, where IS your god now, Congress?

duder4thgen · 03-03-2009, 10:59 AM

The Japanese have been subsidizing Toyota for years and years to make them more competitive.

Its really impressive how much GM have turned their products around to be one of the best values in the market, while Toyota has been recieving money from their own government all these years, and billions in tax incentives from US to build factories here to piece their cars together like legos to cut down costs for them.

Zabo · 03-03-2009, 11:07 AM

Quote:

Originally Posted by duder4thgen

The Japanese have been subsidizing Toyota for years and years to make them more competitive.

Its really impressive how much GM have turned their products around to be one of the best values in the market, while Toyota has been recieving money from their own government all these years, and billions in tax incentives from US to build factories here to piece their cars together like legos to cut down costs for them.

Couple that with trade BS in JDM to actually boost Toyota's numbers.. (IE GM..)

Rallysport · 03-03-2009, 11:37 AM

Well, this is some surprisingly PLEASANT news to my ears. Too bad for you toyota...

So, since toyotas are such superior cars, why would they need assistance from the gubment?...I thought only those American car companies were at fault for building cars "nobody wants", so that's why their sales slid. Stupid media. Screw you japan. And screw you Brian France, nascar HEAD. You thought bringing in toyota was gonna infuse your sport with cash,....you get what you deserve...you and any other American that supports the japanese auto industry.

*DGthe3* · 03-03-2009, 11:40 AM

but . . . but . . . but . . . but . . . every Toyota is the most efficient and most reliable car out there, even compared to other Toyotas (they're just that good) and the Pious is the greenest car you can buy and if you don't drive one you are causing global warming and Toyota has excellent management who never make mistakes and we should be thankful that we have the option to buy these vastly superior Japaneses miracles of modern engineering. They only need government help because of the economy not because of any possible problem with their company.

I think I just threw up a little

Seriously though, I wonder why they even need the money, didn't they make something like $30B in profit last year while expecting a loss of ~$5B for 2008. Seems like they should still have quite a bit in the bank.

Rallysport · 03-03-2009, 11:47 AM

Quote:

Originally Posted by DGthe3

but . . . but . . . but . . . but . . . every Toyota is the most efficient and most reliable car out there, even compared to other Toyotas (they're just that good) and the Pious is the greenest car you can buy and if you don't drive one you are causing global warming and Toyota has excellent management who never make mistakes and we should be thankful that we have the option to buy these vastly superior Japaneses miracles of modern engineering. They only need government help because of the economy not because of any possible problem with their company.

I think I just threw up a little

Seriously though, I wonder why they even need the money, didn't they make something like $30B in profit last year while expecting a loss of ~$5B for 2008. Seems like they should still have quite a bit in the bank.

Your first paragraph is what the stupid media has been cramming down the American public's collective throat for years...and I am F***king sick and tired of it. Screw the prius-driving global-warming hollywood idiots with too much time on their hands, and to hell with the morons in the media and automotive press. Be American, buy American...before its too late....your friendly federal gubment is about to take over the US auto industry and force them to build real CRAP you don't want. I'm buying a new Camaro V8 and then enjoying it before I will lose my right to choose that as well.

Zabo · 03-03-2009, 11:47 AM

Quote:

Originally Posted by DGthe3

Seriously though, I wonder why they even need the money, didn't they make something like $30B in profit last year while expecting a loss of ~$5B for 2008. Seems like they should still have quite a bit in the bank.

They're getting raepd in the backdoor by the Japanese Government over paying back cash they've already been given while Japan's economy continues to tank. And Japan isn't going to give them this loan.. *wink* (read they will to make Toyota and Japan look better than American and GM to garner more sales and money to float the boat by giving them a "loan")

*Mr. Wyndham* · 03-03-2009, 12:52 PM

I call it bittersweet. Empahsis on the sweet, but stress the bitter.

When Toyota falters, my day brightens.

The fact that everyone is faltering makes me want to cry........

TheCaptain · 03-03-2009, 10:44 PM

Quote:

Originally Posted by Dragoneye

I call it bittersweet. Empahsis on the sweet, but stress the bitter.

When Toyota falters, my day brightens.

The fact that everyone is faltering makes me want to cry........

Yea... i couldn't have said it better myself. Hence the quotes...

ArcAngel · 03-03-2009, 10:51 PM

toyota could burn in damnation I could give a F**K

AngryAmish · 03-03-2009, 10:58 PM

time for someone to fall on a sword.

BAAAAAAAAAAAAAAAAAAAANSAIIIIIIIIIIIIIIIIIIIIIIIIII !!!!!

03-03-2009, 08:14 AM	#1
kdbolt70 Drives: 2010 Camaro 2SS/RS Join Date: Oct 2008 Location: Haslett, Mi Posts: 1,287 View My Garage	Toyota may be asking Japanese Gov't for loans Where is your God now?? http://www.bloomberg.com/apps/news?p...QJU&refer=asia I look forward to shoving this in the face of people that say to me "Well Toyota doesn't need any government money, why does GM? Oh because American cars can compete with imports." __________________ 2SS/RS Victory Red M6 w/ Black Rallys #3305 Muffler Delete, Lloyd "SS" Floormats, K&N Aircharger, Skip Shift Eliminator, Blacked Bowties

03-03-2009, 11:40 AM	#6
DGthe3 Moderator.ca Drives: 05 Grand Am GT Join Date: Jul 2007 Location: Niagara, Canada Posts: 25,366	but . . . but . . . but . . . but . . . every Toyota is the most efficient and most reliable car out there, even compared to other Toyotas (they're just that good) and the Pious is the greenest car you can buy and if you don't drive one you are causing global warming and Toyota has excellent management who never make mistakes and we should be thankful that we have the option to buy these vastly superior Japaneses miracles of modern engineering. They only need government help because of the economy not because of any possible problem with their company. I think I just threw up a little Seriously though, I wonder why they even need the money, didn't they make something like $30B in profit last year while expecting a loss of ~$5B for 2008. Seems like they should still have quite a bit in the bank. __________________ Note, if I've gotten any facts wrong in the above, just ignore any points I made with them __________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!! __________________ Camaro Fest sub-forum

03-03-2009, 12:52 PM	#9
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,873 View My Garage	I call it bittersweet. Empahsis on the sweet, but stress the bitter. When Toyota falters, my day brightens. The fact that everyone is faltering makes me want to cry........ __________________ *"Keep the faith."* - Fbodfather

03-03-2009, 10:51 PM	#11
ArcAngel Drives: 07 Black Cobalt SS/SC Join Date: Aug 2006 Location: Manalapan-NJ Posts: 2,872	toyota could burn in damnation I could give a F**K __________________ Through HIM you believe in GOD, who raised HIM from the dead and Glorified him..

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03-03-2009, 09:09 AM	#2
Zabo Gunning for Sixth Drives: '03 ZR2 Blazer Join Date: Sep 2008 Location: Woodhaven, Michigan Posts: 9,358 View My Garage	Oh the happiness that comes from reading this story cannot be properly put into words. It's even more enjoyable than reading 3's SS thread. Not building competitive cars my arse. Indeed, where IS your god now, Congress?

03-03-2009, 10:59 AM	#3
duder4thgen Drives: Bird Join Date: Nov 2008 Location: USA Posts: 266	The Japanese have been subsidizing Toyota for years and years to make them more competitive. Its really impressive how much GM have turned their products around to be one of the best values in the market, while Toyota has been recieving money from their own government all these years, and billions in tax incentives from US to build factories here to piece their cars together like legos to cut down costs for them.

03-03-2009, 11:37 AM	#5
Rallysport Go Cardinals! Drives: 2010 Camaro 1SS 6-speed #1879 Join Date: Apr 2008 Location: Omaha, NE Posts: 856 View My Garage	Well, this is some surprisingly PLEASANT news to my ears. Too bad for you toyota... So, since toyotas are such superior cars, why would they need assistance from the gubment?...I thought only those American car companies were at fault for building cars "nobody wants", so that's why their sales slid. Stupid media. Screw you japan. And screw you Brian France, nascar HEAD. You thought bringing in toyota was gonna infuse your sport with cash,....you get what you deserve...you and any other American that supports the japanese auto industry.

03-03-2009, 10:58 PM	#12
AngryAmish Drives: Impala Join Date: Mar 2008 Location: Pittsburgh, Pa. Posts: 813	time for someone to fall on a sword. BAAAAAAAAAAAAAAAAAAAANSAIIIIIIIIIIIIIIIIIIIIIIIIII !!!!!