http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/ Autoblog Comments for Toyota expecting profit drop in 2008 http://www.autoblog.com/media/feedlogo.gif http://www.autoblog.com en-us Copyright 2008 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/May 8th 2008 5:32PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/That said...Toyota tends to make very cautious estimates of their own profits.
For example, they predicted a 4.5% drop in profit for 06-07, but they ended up gaining 20%. So their predictions usually tend towards doom and gloom.
Still, the entire auto industry really is facing some serious challenges so Toyota's predictions might actually come true.]]>May 8th 2008 5:48PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/That said...Toyota tends to make very cautious estimates of their own profits.
For example, they predicted a 4.5% drop in profit for 06-07, but they ended up gaining 20%. So their predictions usually tend towards doom and gloom.
Still, the entire auto industry really is facing some serious challenges so Toyota's predictions might actually come true.]]>May 8th 2008 5:48PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/>> And this comes as news to who? Unless one has been living in a cave or some other remote location for the past few years, this comes as no surprise.

Folks are struggling to pay their mortgages, assuming of course they haven't already lost their home, companies are eliminating jobs by the thousands, food and fuel prices are headed for the stratosphere ... and some wonder why profits are slumping at the automakers.

Let's face it. It's getting a rough out there. And when you're allocating most of your financial resources just to make ends meet, the last thing on one's mind is to go out and purchase a new car.

There was a saying used during the Second World War that went something like this:

Use it up or wear it out.
Make it do ... or do without.
]]>May 8th 2008 5:50PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/
Toyota may be down, but they are far from dead and buried...they are on pace for a $12 billion profit for '08. Ford and GM would love to have 1/10 of that.]]>May 8th 2008 6:56PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/I just read the other posts and NOT one of them said anything negative about Toyota or claimed their death.

Defensive much?

The only thing that has really changed is the yen's value. The high commodities cost and sagging market has been there for some time now.

The only variable that has really effected their profits is the value of the yen. When it was weak they could offset these other variables. Now that the "currency crutch" has been neutralized their profits are being pinched. This will continue until the dollar strengthens.

Welcome to the "real" world Toyota!! ]]>May 8th 2008 7:20PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/May 8th 2008 7:12PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/May 8th 2008 7:25PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/May 8th 2008 7:42PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/By the way, the G in God is capitalized.
Dumb a$$.]]>May 8th 2008 7:53PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/


http://blogs.edmunds.com/roadtests/category/cat.2007ToyotaTundraSR5DoubleCab?@50.imHycBQxMtA@

http://blogs.edmunds.com/roadtests/category/cat.2007ChevroletSilveradoLT
]]>May 8th 2008 8:31PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/
So sad (crappy dave) ,you do know that there are real auto sites out there that test these vehicles on a day to day basis right?not that autoblog isn't one ,cough !!but please do some research,K?let me help you out .there is this real website name edmunds.com,yes they keep vehicles in their fleet for one year and use them as they are supose to,yep the Tundra is there likewise the Silverado,please check them out,if you dare.


The Devil,
maybe you should get out and talk to real truck owners like myself, instead of relying on places like Edmunds. The word in the truck world is stay away from the Tundra, it is a pile of crap, and they are pretty near on. A relative owns a Toyota dealership, he will tell you the "T" in Tundra stands for "Trouble", the truck is filled with problems, mostly engineering problems, problems that cannot be repaired by a dealer. His words, "Toyota thought all that was necessary to make a large truck was make a bigger small truck", he has a pile of unsatisfied customers. Word of mouth gets around, unless Toyota makes some big improvements the bottom is going to fall out for the Tundra.

If there is one thing I have learned from the internet it's this, most of these car evaluation sites don't know beans about cars or trucks.]]>May 9th 2008 9:24AMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/I personaly don't rely too much on blogs or Edmunds for that matter. I rely on my own judgment.
You want to talk trucks, talk to me. For the past thirty some years I have relied on trucks for a living, currently owning 14 pickups, all tow bobcats or form trailers, all are used far more than expected for heavy duty. All tolled, over 50 trucks in the past thirty years.
I also rely on a vast network of contractors and sub-contractors first hand expertise. Only two people I know have new Tundra's. (we'll use the name Tom and Jerry), Tom's is very please with his Tundra, he's a home builder. Tom usualy comes to the site in a golf shirt and dockers, never picking up a tool (probably would'nt know a claw hammer from a sawsall). The heaviest thing he hauls in his Tundra is a calculator, slide rule, tape measure and laptop. He also parks sometimes a block away from the site fearing mud.
Now Jerry, well, He uses the truck like a truck is supposed to be used. As he says, "when it's not f#@&in up." Little things like a broken tailgate and over 3K in damage when the bed slammed into the cab and broken radio, passenger window that works less than half the time and front brake pads twice in the trucks 26K miles. He swears that when the housing market picks up again the first thing to go is the Tundra.
Each year I try to buy two replacement trucks and I did give a good look at the 2007 Tundra at the Chicago Auto show. It only took five minutes to come to the conclusion the Tundra was nothing more than a wannabe.

I get the impression you are no more than about 15 years old and probably only wishing for a clue. But, if you want real truck experience, talk to me. You'll learn something]]>May 9th 2008 9:03PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/May 8th 2008 8:34PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/
Current environment is going to predominantly hurt Chrysler, if not put them out of business, or force them to be bought outright by the Chinese.

In fact, any business related to US consumer, or any banks reliant upon collecting debt from businesses in servicing sector, are all going to get burnt big time. Think credit crunch is over? Think again.

2008 & 2009 are going to be very ugly, and I would strongly advise people to own their cars outright, and rent their properties. Futhermore, reduce use of credit cards, put most investments into swiss francs, new zealand dollars, yuans, gold, silver, platinum, agricultrual stocks, mining stocks and so forth.

Fed is following the same policy that most Eastern European counties have followed, that is devalue their way out of trouble. Unfortunately, unlike in 1980's this cannot happen because of how bad our debt is, and who holds it. ]]>May 8th 2008 8:49PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/
The only debt I have right now is my house payment and I wish I didn't even have that!]]>May 8th 2008 9:43PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/
What idiot would consider any corporation immune to market realities? Where do you guys get this stuff from?]]>May 8th 2008 9:51PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/May 8th 2008 11:02PMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/At the end of the day I think the experience really depends on the dealership themselves, since there are plenty of scumbag dealerships out there for most brands. With the exception of Lexus and Saturn I'd guess.]]>May 9th 2008 3:13AMhttp://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/http://www.autoblog.com/2008/05/08/toyota-expecting-profit-drop-in-2008/
The pres and it's constant search for bad news keeps the bad news rolling.

As to loss of housing values, unless you are looking to sell, or refinance you haven't "lost" anything, it's a talking point and paper. You can't keep going up forever, it adjusts. Up and down.

If someone is stupid enough to overextend that's their own personal problem and if they were foolish to sign on the dotted line for more than a home was worth--well---look in the mirror where the problem is.
]]>May 9th 2008 8:06AM