Toyota projects first operating loss since 1941

[auxmike]

Originally Posted by TinyGiant

i thought that was pretty pathetic.. hmm.. less pay and keep your job?... or no job and no pay.. lol

Hey Tiny:
Any future plans to whip up some Yaris themed T's in the future?
Oh, and yeah, the unions can be stubborn indeed!

[TinyGiant]

maybe after the holidays i'll work on something different :)

[auxmike]

Cool man, thanks!

[Latka]

Originally Posted by ChinoCharles

I'm starting to feel guilty for buying foreign.

When the US auto makers produce a car that isn't a turd with wheels I'll consider one. They are mis-managed, bloated companies.

This is a perfect time for me to get a Yaris. Soon...soon I shall have my little machine.

[Bob_VT]

Well...... Toyota does not need any bailout funds, has a surplus of money, this is a first in the terms of a loss, outsold GM worldwide....... I wish my personal finances were so poor!

[Shroomster]

Originally Posted by walri

I am a bit upset that, with all of the financial problem the US makers are having, and being denied a bailout, the unions refused to budge even one inch. Their workers may 5 times the average US salary with benefits from cradle to grave, yet even when their company is about to go broke, they refuse to budge one inch. Do they not realize that, if their company closes, they wil have *no* benefits?

not arguing with you but they have received a bailout actually only GM and MOPAR did to the tune of 13.4 FROM PRESIDENT BUSH's DESK

and Canada provided an extra 1 billion or so If I remember correctly...


and on top of all this the best thing about the BANK bailout now is that none of the banks want to disclose where the money is going.....

[eht13]

Originally Posted by walri

I am a bit upset that, with all of the financial problem the US makers are having, and being denied a bailout, the unions refused to budge even one inch. Their workers may 5 times the average US salary with benefits from cradle to grave, yet even when their company is about to go broke, they refuse to budge one inch. Do they not realize that, if their company closes, they wil have *no* benefits?

Apparently, the UAW union is run by selfish, unreasonable idiots.

A couple of other thoughts about all this. There is usually no such thing as a purely (insert nation) car these days... the cars are generally products of parts made in various countries, assembled by people in factories in other countries, managed by companies that may or may not be headquartered in the same country as that production or assembly, etc. Not all Fords, for example, are assembled in the US... not even the ones sold in the US. And of course, many Hondas and Toyotas are assembled in the US. So obviously, American workers (including those who are not union-members, by the way) are totally capable of making high-quality, reliable cars that people want to buy; it's the management and production design of those companies such as Toyota and Honda versus the management and production design of companies like GM that seems to make the difference.

[Forrest]

I read that Ford is not applying for any buy out money. Are they planning something different?

[yaris-me]

It's not a bail out, it's a bridge loan. They have to pay it back. The banks were bailed out.