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0S&P: Toyota still flush with cash reserves 1295801040
Record fines from the National Highway Traffic Safety Administration, pending litigation from a number of private individuals and insurance agencies and the largest recall in its history haven't managed to impact Toyota's bottom line all that badly. According to the Standard & Poor's ...
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Toyota reportedly down to $18.5 billion in cash 1233002400
The cash burn rate through 2008 at General Motors, Chrysler and, to a lesser degree, Ford, has been one of the big new stories in the auto business. After a disastrous third quarter, GM was down to about $11 billion and, along with Chrysler, was in danger of having insufficient cash on hand to pay ...
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