More bad news for the auto industry

[SP33Demon]

Originally posted by: Yoxxy
SP33DDemon can we go back to TM will never lose its AAA credit rating that was a more fun conversation. Just because you bought a Toyo does not mean you need to have an incredible bias to them.

I think we should make it a wager, if they do not lose their AAA credit rating 89 days I will leave the board, if they do you can leave. I would more than likely be willing to bet that they will go to single A with a negative outlook by Finch in the next 90 days as well.

Toyo is going to start a huge cash burn in the neighborhood of 600-900MM over the foreseeable future. From an analyst call in October they were predicting cash flow positive of 100-200MM a month ex-items, not it has completely gone the other way.

You can bet whatever you want, you're a rabid delusional. We all know the entire car industry is hurting until credit liquidity is restored and unemployment drops. Talk to me when people start buying cars again, Toyota will continue to be #1 globally.

I don't own a Toyota now, I own a 1997 Buick and a Nissan Frontier. My Toy was totaled by a drunk driver, and I wanted to try out the Frontier (so I have nothing to bias my opinion atm). All 3 cars have served me well.

We also know that Toyota continues to make quality cars, as the evidence (JD Power, Consumer Reports, Motor Trend, NY Post) I've provided doesn't lie. You've done nothing of the sort to provide evidence about their quality except regurgitate opinions off of Bloomberg and the other investing talking head channels ("From an analyst call in October they were predicting") that I could have looked up online. Facts speak for themselves, speculation is for fools. No offense, but your speculation is not fueled by facts but talking heads.

 

[SP33Demon]

Originally posted by: nergee
Ohno has said that he learned all about JIT from Henry Ford?s book Today and Tomorrow.
Actually, Ernest Kanzler, a Ford subordinate, developed an early version of JIT at the Fordson Tractor Plant
during WWI........

Yes, a crude early version that doesn't qualify as JIT classification. A quick google search finds wiki entry that easily proves that Ford =! modern JIT:

The technique was subsequently adopted and publicized by Toyota Motor Corporation of Japan as part of its Toyota Production System (TPS). However, Toyota famously did not adopt the procedure from Ford, but from Piggly Wiggly. Although Toyota visited Ford as part of its tour of American businesses, Ford had not fully adopted the Just-In-Time system, and Toyota executives were appalled at the piles of inventory laying around and the uneven work schedule of the employees of Ford. Toyota also visited Piggly Wiggly, and it was there that Toyota executives first observed a fully functioning and successful Just-In-Time system, and modeled TPS after it.

Link.

 

[spidey07]

Originally posted by: SP33Demon
You can bet whatever you want, you're a rabid delusional. We all know the entire car industry is hurting until credit liquidity is restored and unemployment drops. Talk to me when people start buying cars again, Toyota will continue to be #1 globally.

I don't own a Toyota now, I own a 1997 Buick and a Nissan Frontier. My Toy was totaled by a drunk driver, and I wanted to try out the Frontier (so I have nothing to bias my opinion atm). All 3 cars have served me well.

We also know that Toyota continues to make quality cars, as the evidence (JD Power, Consumer Reports, Motor Trend, NY Post) I've provided doesn't lie. You've done nothing of the sort to provide evidence about their quality except regurgitate opinions off of Bloomberg and the other investing talking head channels ("From an analyst call in October they were predicting") that I could have looked up online. Facts speak for themselves, speculation is for fools. No offense, but your speculation is not fueled by facts but talking heads.

Not for long. The cuts in quality for Toyota are going to hurt real bad. Look at the Camry launch. They're real good at marketing, I'll give them that. They're trying to ride their reputation and cut quality assurance.

Gee, just like the Big 3 did.

 

[The-Noid]

withmanagement,nottalkingheads.

 

[evident]

Originally posted by: marincounty

Originally posted by: mooseracing
Forgot to mention, title is misleading. CNN stated it as first loss since the 50's.....not first time. Hopefully they go bankrupt though.

Why would you say that? "Hopefully they go bankrupt.."
Thousands of Americans would lose their jobs.
Why do you hate America?

duh, its because hes brainwashed that anything not made by big 3 is terrorist

 

[BoberFett]

I never thought we'd find someone more full of himself than LK, but here's Yoxxy.

 

[SP33Demon]

Originally posted by: Yoxxy
1. You don't know what an analyst call is. You speak directly with management. We have a bloomberg box to get the wires, no need for the talking heads.
2. The industry as a whole is dying, it does not matter which company you look at the needs to be massive consolidation.
3. I am glad you aren't stupid enough to make the bet.
4. If you are driving a 97 you should leave the financial stuff to the pros, you are not one of them.

1) So because I drive a Buick with 101K miles for commuting, I'm not good with finances. Keep embarrassing yourself even more.
2) Amazing that you still cannot provide any solid facts other than this to back your opinion that companies like VW is a more "solid" car company than Toyota. You provide no facts = don't come to the debate.
3) The car industry as a whole is dying? So cars will be obsolete soon? More logic here, folks: we're going back to cart and buggies. :roll:
4) Maybe Bloomberg can help you find a hot NYE party in addition to spinning an analyst call which you've gobbled up with fervor and regurgitated here.
5) 4Chan is ------------> that way little boy (re: "I'm glad you're not stupid enough to take my bet").

 

[mooseracing]

Originally posted by: evident

Originally posted by: marincounty

Originally posted by: mooseracing
Forgot to mention, title is misleading. CNN stated it as first loss since the 50's.....not first time. Hopefully they go bankrupt though.

Why would you say that? "Hopefully they go bankrupt.."
Thousands of Americans would lose their jobs.
Why do you hate America?

duh, its because hes brainwashed that anything not made by big 3 is terrorist

They will end up like Ford, Chrysler, GM wanting money somehow.

Let them go bankrupt and let business evolve, the government is not designed or meant to have it's hand in every single thing going on.

 

[The-Noid]

Final post on this board, what do you need to know. Sales were down 22.8% last month, fact. Toyota will be burning 600mm a month unless sales increase, fact. Toyota has good quality, fact. That everything else you or I has been opinion. Credit will and has been downgraded, this is a fact and the basis for your so called debate...everything else has been an argument as to how great TM is which was my point all along that TM can do no wrong.

If you drive a car with 101k miles you may be great with your finances, you just don't have much of them.

 

[SP33Demon]

Originally posted by: Yoxxy
Final post on this board, what do you need to know. Sales were down 22.8% last month, fact. Toyota will be burning 600mm a month unless sales increase, fact. Toyota has good quality, fact. That everything else you or I has been opinion. Credit will and has been downgraded, this is a fact and the basis for your so called debate...everything else has been an argument as to how great TM is which was my point all along that TM can do no wrong.

If you drive a car with 101k miles you may be great with your finances, you just don't have much of them.

If Toyota has "good quality", then how can they be the most overrated company ever? And I'm not saying that TM can do no wrong, I admitted their stock price could be inflated. I was saying that they are still #1 globally and will continue to dominate when people start buying cars again.

Officially gone as of 12/24/08...couldn't stand all the sabe todos.

More extreme behavior. Please tell me he didn't actually go to 4Chan b/c of a debate over Toyota.

 

[BoberFett]

What a whiny little bitch. Good riddance.