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Toyota seeks ¥1 tril credit line as virus hits funding market


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Take it from your record profits, why does big business need funds!

7 ( +7 / -0 )

I respect Toyota for atleast having reserve funds. American companies spent all of their profits on stock buybacks and are now asking for bailouts.

I too think Toyota should use that reserve fund to cover costs, but atleast they aren't asking for a bailout. They want a loan, unlike other companies around the world.

5 ( +5 / -0 )

Take it from your record profits, why does big business need funds!

Why use your money when you have the benefit of using someone else's money? Having a line of credit doesn't mean you will use it. But its still good to have in case of emergencies.

1 ( +1 / -0 )

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