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© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Toyota profit plummets despite moderately solid sales
By Yuri Kageyama TOKYO©2024 GPlusMedia Inc.
14 Comments
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AgentX
I think the world is starting to lose faith in Japanese cars again, and also realizing that there is plenty of ingenuity and reliability in other cars.
Strangerland
Um, someone didn't read the article:
If your premise were true, the loss of profits would be seen as a result in a drop of sales.
AgentX
AgentX
It's quite absurd to think that I drew that conclusion from this article alone. But it was certainly on-point considering the thrust of the article.
As for the World Summit on Faith in Japanese Cars - that's precisely where I heard that. But I'll be sure to check with the Hillclimber International Council of Conjecture next time before I make those findings public...
Goodlucktoyou
Ever watched videos of terriorists? Big guns on the back of Toyota’s. Why, they are the best. Cars I mean.
Strangerland
Ok, you've shown how profit has gone down. But you have decided that is because you think "the world is starting to lose faith in Japanese cars again", except that none of what you posted in the quote above supports that assertion, and as I pointed out earlier, the article itself shows the assertion to be incorrect:
Will Goode
Its across the board, and not because we're losing faith, quite the contrary, they are so well made, even a twelve year old Prius is as good as a new one, same with Honda, quality of Japanese cars is amazing, yet there is no very obvious technological upgrade direction to justify a new one, not just yet, petrol is cheap, and self driving has stalled, most people could go another three years with their existing car, and that's a good thing for the environment, not quite so good for the big manufactures.
Arrrgh-Type
Only 12 billion dollars of profit in the last quarter? How will they ever survive!
Will Goode
StrangerlandFeb. 7 09:25 am JST
Um, someone didn't read the article:
If your premise were true, the loss of profits would be seen as a result in a drop of sales.
@strangerland, if your rebuttal were true, loss of profit due to loss of sales, actually if you look back to what happened to Nissan, loss of profit was due to discounting, especially in North America, I can't go back because JT deny access to old issues, but at exactly the time this was coming to light, Ghosn was thrown in jail by the coupe.
Strangerland
I’m not sure if English is your second language, but this sentence is not making sense. You’ve got an ‘if’, without the required ‘then’. If my rebuttal were true, then...?
Strangerland
Actually it seems you’re trying to contradict what I said, but are actually repeating what I said.
Scrote
The profit of 180.9 billion Yen is equal to $1.64 billion, not $12.6 billion.