  Lilpup Member Username: Lilpup Post Number: 5367 Registered: 06-2004 |
US$2 billion (200 billion yen) for Toyota Financial Services http://detnews.com/apps/pbcs.d ll/article?AID=/20090303/AUTO0 1/903030401/1001 | ||
East_detroit Member Username: East_detroit Post Number: 2012 Registered: 11-2003 |
Why would they need a government loan when their government routinely subsidizes their R&D? | ||
Mopardan Member Username: Mopardan Post Number: 217 Registered: 11-2008 |
http://biz.yahoo.com/ap/090303 /as_japan_toyota.html From the Yahoo article: "The lender(Toyota Financial Services) does 70 percent of its business in the U.S., where sales have been plunging and credit tightening." | ||
Danny Member Username: Danny Post Number: 4532 Registered: 02-2004 |
YAY! Feel the effect Toyota! It's GM's chance to become the number one automaker. | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3379 Registered: 02-2007 |
Shows everyone what keeps Toyota afloat; US dollars. There is a silver lining in every cloud. Screw Toyota. | ||
_sj_ Member Username: _sj_ Post Number: 1710 Registered: 12-2003 |
quote: Why did the Big Three need government bailouts while they have routinely enjoyed government subsidies throughout the years. | ||
Mopardan Member Username: Mopardan Post Number: 220 Registered: 11-2008 |
For all the billions & billions(to quote Carl Sagan) the financials are getting, I say give the U.S. Automakers anything they want. If we're going to spend, spend big time! It's a party I tells ya! | ||
East_detroit Member Username: East_detroit Post Number: 2015 Registered: 11-2003 |
quote: The US Government does not subsidize the Big 3 like Japan subsidizes Toyota (including helping them with monetary manipulation). Ford did not need or get a government bailout. | ||
Ccbatson Member Username: Ccbatson Post Number: 19155 Registered: 11-2006 |
I thought they were already government subsidized. In which case this is just a matter of degree. |
