losses


REPORT: Toyoda wonders aloud if Toyota has faltered by following GM's lead

During the reign of company President Katsuaki Watanabe, Toyota became the number one automaker in the world, along with amassing $52 billion in cash and marketable securities. That sounds like one of the most amazing runs in the history of the automotive industry, but it's more than a little disappointing to company scion Shoichiro Toyoda. The 84 year-old Toyoda is apparently the mild-mannered type, but Bloomberg is reporting that he read the riot act to Watanabe and his fellow execs. The news agency's sources say that Toyoda railed Watanabe ... Read more →

Subprime housing market hurts GM's Q1 profit Jonathon Ramsey

The good news is that GM posted a profit of $62 million, which is the company's second consecutive quarterly profit. The bad news is that the $62 million represents a 90% decline in profits from the ...

Mitsubishi's red ink dwindles Scott Davis

Isn't this a scary time in the auto business? When most of the big players report only on their ability to cut losses instead of make profits? Or how many workers they have successfully "reduced ...

REPORT: Toyoda wonders aloud if Toyota has faltered by following GM's lead 5 months ago on Autoblog

During the reign of company President Katsuaki Watanabe, Toyota became the number one automaker in the world, along with amassing $52 billion in cash and marketable securities. That sounds like one of the most amazing runs in the history of the automotive industry, but it's more than a little ...

Subprime housing market hurts GM's Q1 profit 2 years ago on Autoblog

The good news is that GM posted a profit of $62 million, which is the company's second consecutive quarterly profit. The bad news is that the $62 million represents a 90% decline in profits from the first quarter of 2006, which were $602 million. There is a silver lining: the drop is due to losses ...

Mitsubishi's red ink dwindles 3 years ago on Autoblog

Isn't this a scary time in the auto business? When most of the big players report only on their ability to cut losses instead of make profits? Or how many workers they have successfully "reduced their workforce by" (read: let go)? That's the good news! Will we ever see a consistent return to ...






Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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