Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Autoblog Podcast #127]]>http://www.autoblog.com/2009/05/14/autoblog-podcast-127/http://www.autoblog.com/2009/05/14/autoblog-podcast-127/http://www.autoblog.com/2009/05/14/autoblog-podcast-127/#commentsFiled under: , , , ,


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Chris, Sam, and Dan kick it for Episode #127 of the Autoblog Podcast. Of course, there are the usual tangents around the topics, which this week include BMW's new Z4, a poll about Hybrids, Chrysler's bankruptcy, Toyota's losses, Opel's new Astra and the possibility of General Motors building US-market cars in China, and we make time for some questions at the end. It's an hour show this week, and a chock-full one at that. Next week, it's a reader-question edition, so get your emails rolling in to podcast at autoblog dot com and we'll see you next week! Thanks for listening!

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Continue reading Autoblog Podcast #127

Autoblog Podcast #127 originally appeared on Autoblog on Thu, 14 May 2009 16:15:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>autoblogautoblog podcastAutoblogPodcastchrysler bankruptchrysler bankruptcychrysler bankruptcy approvedchrysler fiatChryslerBankruptChryslerBankruptcyChryslerBankruptcyApprovedChryslerFiatfeaturedgm chinaGmChinaopel astraOpelAstrapodcasttoyota lossesToyotaLossesThu, 14 May 2009 16:15:00 ESTAutoblog Podcast #127Autoblog56:15<![CDATA[REPORT: Toyota Financial seeking loans from Japanese gov't]]>http://www.autoblog.com/2009/03/03/report-toyota-financial-seeking-loans-from-japanese-govt/http://www.autoblog.com/2009/03/03/report-toyota-financial-seeking-loans-from-japanese-govt/http://www.autoblog.com/2009/03/03/report-toyota-financial-seeking-loans-from-japanese-govt/#commentsFiled under: , ,


LR: Toyota Vice Chairman Katsuaki Watanabe, Toyota President Akio Toyoda and Chairman Fujio Cho

Toyota Financial Services has reportedly applied for loans equaling $2 billion (200 billion yen) from the state-backed Japan Bank for International Cooperation. Much of these funds would presumably be used to lend money to new car buyers in the United States, Toyota's largest and most profitable market. If granted, Toyota would join American automakers General Motors and Chrysler on the bailout bandwagon.

Last month, Toyota sold roughly $2 billion (200 billion yen) worth of 10-year bonds at rates much less favorable than what the automaker had previously been accustomed to. That and the aforementioned loan request are actions likely taken to shore up Toyota's falling cash reserves, which some have estimated to be as low as $18.5 billion at the end of January.

It's widely expected that Toyota will post a net loss of as much as $3.5 billion (350 billion yen) for the fiscal year ending in March. This would be the Japanese automaker's first ever operating loss for a full 12-month period, and it further proves how dire the current economic conditions are for all around the globe. Thanks to all who sent this in!

[Source: Bloomberg | Photo by Junko Kimura/Getty]

REPORT: Toyota Financial seeking loans from Japanese gov't originally appeared on Autoblog on Tue, 03 Mar 2009 11:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>toyotatoyota bailouttoyota loanstoyota losstoyota lossesToyotaBailoutToyotaLoansToyotaLossToyotaLossesTue, 03 Mar 2009 11:40:00 EST