Gary P

If Toyota Is Projecting a Loss, Imagine the Pain Detroit Is in For

Toyota's been expanding world wide like crazy for the past two years, while Ford has been contracting for the past six years. Toyota took a big gamble and built big pickups in the US, and fuzzed up their image with Scion. Now the market has collapsed. Ford is lean; Toyota is bloated. Toyota (as far as I can tell) forcast a $6-9 B loss in the last six months of their current fiscal year. We'll see.