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/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 5:48PM