Dubai Forums Dubai Discussions Dubai General Chat

the message board for Dubai English speaking community

Skip to content

Toyota May Declare Loss After 71 Years!

Topic locked
  • Reply
Toyota may declare loss after 71 years! Dec 22, 2008
it seems not only the American car manufacturers are facing losses. the Japanese are soon to join the club.

I just hope that in some way we could find Toyota car prices in UAE get lowered.

Yes, the biggest automobile manufacturer Toyota is soon may declare its first operational loss since 1941 as reported on Reuters.com last Friday.

Toyota has apparently been slashing budgets across the board in recent months as sales have dropped by more than 30% in the US and in other parts of the world. At the same time, the value of the dollar against the yen has also dropped, meaning that Toyota is losing out on the currency exchange. Toyota (and Honda and Nissan) are navigating the same severe rapids as Detroit, they just started further upstream. The company has slashed production, canceled a diesel engine program for its big trucks and halted construction on a new factory in Mississippi. A profit warning announcement is expected from Toyota on Monday.


http://blog.ntblb.net/2008/12/toyota-may-declare-loss-after-71-years.html

quatroporte
Dubai chat master
User avatar
Posts: 698
Location: Dubai
  • Reply
Dec 23, 2008
Toyota has always been good to me. :cry:
puppypup
Dubai Expat Helper
Posts: 606
  • Reply
Dec 23, 2008
Who cares...I drive a thumping great JEEP!!!

8) 8) 8)

Knight
Dubai Knight
UAE, Dubai Forums Lord of the posts
User avatar
Posts: 5520
Location: Dubai
  • Reply
Dec 23, 2008
Toyota!!!!!....Great for mileage... :D

will the prices get lowered for infiniti?

especially infiniti g37s!!!!!!!!!!!!


:?
sharfraz
Dubai chat master
User avatar
Posts: 847
  • Reply
Dec 23, 2008
sharfraz wrote:Toyota!!!!!....Great for mileage... :D

will the prices get lowered for infiniti?

especially infiniti g37s!!!!!!!!!!!!


:?


I am hoping for infiniti G35 by June or July 2009... I will keep praying for the prices to be lowered... but I doubt it.
quatroporte
Dubai chat master
User avatar
Posts: 698
Location: Dubai
  • Reply
Dec 23, 2008
sharfraz wrote:Toyota!!!!!....Great for mileage... :D

will the prices get lowered for infiniti?

especially infiniti g37s!!!!!!!!!!!!


:?


I doubt it...Infiniti is made by Nissan!

:shock: :shock: :shock:

Knight
Dubai Knight
UAE, Dubai Forums Lord of the posts
User avatar
Posts: 5520
Location: Dubai
  • Reply
Dec 23, 2008
Yeah... It seems that US Financial crises has been expended to global financial crises... [:(]
voip2017
Dubai Forum Visitor
User avatar
Posts: 12
  • Reply
Dec 23, 2008
Dubai Knight wrote:
sharfraz wrote:Toyota!!!!!....Great for mileage... :D

will the prices get lowered for infiniti?

especially infiniti g37s!!!!!!!!!!!!


:?


I doubt it...Infiniti is made by Nissan!

:shock: :shock: :shock:

Knight


yeah, Nissan is as well affected including Honda
quatroporte
Dubai chat master
User avatar
Posts: 698
Location: Dubai
  • Reply
Dec 23, 2008
YEP!!!!!!!!

The japanese automotors for the win:

Nissan 350z and 370z
Nissan skyline GTR
Infiniti g37s
Honda/Acura NSX
Mitsubishi Evolution

8)
sharfraz
Dubai chat master
User avatar
Posts: 847
  • Reply
Dec 23, 2008
quatroporte wrote:
Dubai Knight wrote:
sharfraz wrote:Toyota!!!!!....Great for mileage... :D

will the prices get lowered for infiniti?

especially infiniti g37s!!!!!!!!!!!!


:?


I doubt it...Infiniti is made by Nissan!

:shock: :shock: :shock:

Knight


yeah, Nissan is as well affected including Honda


oh!!! By the way!!!!

My appreciation
Nice Blog

:D
sharfraz
Dubai chat master
User avatar
Posts: 847
  • Reply
Dec 23, 2008
sharfraz wrote:
quatroporte wrote:
Dubai Knight wrote:
sharfraz wrote:Toyota!!!!!....Great for mileage... :D

will the prices get lowered for infiniti?

especially infiniti g37s!!!!!!!!!!!!


:?


I doubt it...Infiniti is made by Nissan!

:shock: :shock: :shock:

Knight


yeah, Nissan is as well affected including Honda


oh!!! By the way!!!!

My appreciation
Nice Blog

:D


thanks mate... :)
quatroporte
Dubai chat master
User avatar
Posts: 698
Location: Dubai
  • Reply
Dec 23, 2008
US Automaker got the Bailout plan from the Govt. and now Japanese automaker also seeking for a bailout plan for themselves....
voip2017
Dubai Forum Visitor
User avatar
Posts: 12
  • Reply
Dec 24, 2008
quite shockin that toyota is also affected .. u guyz saw the bmw ads running lately .. i guess they're even badly affected .. selling the 7 series startin from 225 000 !

way cheap
icecube
Dubai Forum Visitor
Posts: 17
  • Reply
Dec 24, 2008
icecube wrote:quite shockin that toyota is also affected .. u guyz saw the bmw ads running lately .. i guess they're even badly affected .. selling the 7 series startin from 225 000 !

way cheap


More than 75% of the workers in this country don't earn that in 2 years! Still overpriced and over rated!

:? :? :?

Knight
Dubai Knight
UAE, Dubai Forums Lord of the posts
User avatar
Posts: 5520
Location: Dubai
  • Reply
Dec 24, 2008
Dubai Knight wrote:
icecube wrote:quite shockin that toyota is also affected .. u guyz saw the bmw ads running lately .. i guess they're even badly affected .. selling the 7 series startin from 225 000 !

way cheap


More than 75% of the workers in this country don't earn that in 2 years! Still overpriced and over rated!

:? :? :?

Knight


BMW doesn't want those 75% of workers to afford this car anyway...
quatroporte
Dubai chat master
User avatar
Posts: 698
Location: Dubai
  • Reply
Dec 24, 2008
the major reason is the financial crises faced by US based banks and financial institutionss...
And now these banks hv restricted thier policy to finance automobiles...a big reason :)
voip2017
Dubai Forum Visitor
User avatar
Posts: 12
  • Reply
Dec 24, 2008
though that 75% of workers are posh too...

8)
sharfraz
Dubai chat master
User avatar
Posts: 847
  • Reply
Dec 24, 2008
voip2017 wrote:the major reason is the financial crises faced by US based banks and financial institutionss...
And now these banks hv restricted thier policy to finance automobiles...a big reason :)


true...

did you read about the latest Ads in US with titles such as Buy one car and get one more free!!!!

I wish those offers happen in UAE :lol:
quatroporte
Dubai chat master
User avatar
Posts: 698
Location: Dubai
  • Reply
Dec 24, 2008
quatroporte wrote:
voip2017 wrote:the major reason is the financial crises faced by US based banks and financial institutionss...
And now these banks hv restricted thier policy to finance automobiles...a big reason :)


true...

did you read about the latest Ads in US with titles such as Buy one car and get one more free!!!!

I wish those offers happen in UAE :lol:


Yeah....

over here in the UAE

Buy one car for the rate of 2 cars and get 1 for free....

:shock:
sharfraz
Dubai chat master
User avatar
Posts: 847
  • Reply
Dec 24, 2008
true .. their cars are highly priced .. but im jus saying from what it was to what it is .. a big fall
icecube
Dubai Forum Visitor
Posts: 17
  • Reply
Dec 24, 2008
sharfraz wrote:
quatroporte wrote:
voip2017 wrote:the major reason is the financial crises faced by US based banks and financial institutionss...
And now these banks hv restricted thier policy to finance automobiles...a big reason :)


true...

did you read about the latest Ads in US with titles such as Buy one car and get one more free!!!!

I wish those offers happen in UAE :lol:


Yeah....

over here in the UAE

Buy one car for the rate of 2 cars and get 1 for free....

:shock:



HAHA .. well said
icecube
Dubai Forum Visitor
Posts: 17
  • Reply
Dec 24, 2008
sharfraz wrote:
quatroporte wrote:
voip2017 wrote:the major reason is the financial crises faced by US based banks and financial institutionss...
And now these banks hv restricted thier policy to finance automobiles...a big reason :)


true...

did you read about the latest Ads in US with titles such as Buy one car and get one more free!!!!

I wish those offers happen in UAE :lol:


Yeah....

over here in the UAE

Buy one car for the rate of 2 cars and get 1 for free....

:shock:


no mate its Buy one car for the rate of 2 cars and get 1 KFC meal for free. :lol: :lol:
quatroporte
Dubai chat master
User avatar
Posts: 698
Location: Dubai
  • Reply
Dec 24, 2008
^^^ KFC bad for stomach... gas sick... :sad3:

but without that, paying double again ....... :sad3:

:lol:
sharfraz
Dubai chat master
User avatar
Posts: 847
  • Reply
Dec 26, 2008
voip2017 wrote:Yeah... It seems that US Financial crises has been expended to global financial crises... [:(]


I believe it's a Western financial crisis. Any and all economies heavily reliant on or tied to the Westenr world faces such crisis.

Japan's undoing has been its overreliance on Western, in particular American, econmy.

Many economies in the world are still growing healthily, except for in Western media it's rarely ever called global financial crisis. Let's face it, it's an American originated western financial crisis.
muslimbangladeshi
Dubai chat master
Posts: 772
  • Reply
Dec 26, 2008
Edited
project3030
Dubai Forums Frequenter
Posts: 145
  • Reply
Dec 30, 2008
i think this system we have is totally dysfunctional. Companies will keep competing with one another, wages will go lower, unemployment rates will rise, and at some point goods and services will be provided by machines and no one will have money to buy them. I believe in a ressource based economy much more, but if we ever get to that, it'll probably be in 5 centuries...sad sad for us and for mankind
Pimpin80
Dubai Forums Enthusiast
Posts: 97
posting in Dubai General ChatForum Rules

Return to Dubai General Chat


  • Related topics
    Replies
    Last post

© 2021 Dubai Forums | Privacy Policy
By visiting and reading our site you acknowledge that all posts made to these forums express the views and opinions of the author
and not the administrators, moderators or webmaster (except for posts by these people) and hence will not be held liable.