business

Toyota warns of 64% drop in full-year net profit

7 Comments
By Shingo Ito

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© 2020 AFP

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7 Comments
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I imagine Toyota will cope - they have a very very deep war chest!

-1 ( +2 / -3 )

They have a very deep war chest...that being Japanese tax payers. We already subsidise their R&D and waver several taxes. Oh that's right the family have supported the LDP for NUMEROUS decades so I guess it's all good.

4 ( +5 / -1 )

Nissan and Honda fell sharply.

Not surprised at all that Nissan fell sharply.

2 ( +2 / -0 )

Love the Nissan GTR........hate the company.

0 ( +0 / -0 )

Dueation in car makers have been uncertain. Negative factors still outnumbers the positive one.

But Toyota projects net profit..not loss.

Toyota is strong.

0 ( +0 / -0 )

I guess by the end of the pandemic,the world will be back to stoneage.

All companies are now kneeling in front of gvt's.

I don't even want to think about airlines.Some or even most are already dead.

I saw news of Virgin Atlantic today on another article and just closed my eyes, didn't read it to the end.

0 ( +0 / -0 )

The world is in a deep automotive depression because China was already in one before the pandemic. Japan, EU and the US will suffer the depression for a long time due to automobile oversupply. Tesla and other EV newcomers as well as luxury auto firms will likely weather the crisis.

0 ( +0 / -0 )

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