“In 2007, GM sold 9.37 million cars worldwide.
Toyota, that same year, sold 9.37 million cars worldwide. GM lost 38.7
billion. Toyota made 17.7 billion. Therein lies the problem.”
This is a world wide car recession. Toyota is projectiong a 9 Billion loss next year.
The costs you refer to have restructuring cost included so this is not really true...we need to save the Auto industry. Also, don’t kid yourself about Ford. I know people who work for them. They are in trouble also.