Originally Posted by
BudDyLeE
p.s-funny thing how GM (US car company) is in debt.. and we dont hear honda,hyundai, toyota or none of these other foreign companies complainin... ( kinda shows how we dont knw how to handle our money )
Um, yes you do
Its just as bad for every car manufacturer. You hear GM and Chrysler in the news more often, but theres plenty of misery to go around.
Honda has pulled out of F1, an auto show or two, and from what I hear, didnt have a fancy unveiling of the new Insight...they just went "ta-daaah."
Toyota posted the first loss in something like 70 years and has been doing some restructuring too. They are finally getting big enough to have some of the same problems as GM; sheer size.
Here's the official numbers. Notice how EVERYONE is in red, even Kia, Hyundai, and MINI.