Toyota reports profit up 36 percent
11-09-06, 02:19 PM
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Not only that, but keep in mind Toyota also increased R & D spending by over 10%. For fiscal year ending 2007, Toyota will be spending a record amount of about 7.9 Billion US on R & D, which I think is more than any automaker, including GM, Ford, or Chrysler. I'd be worried if I was a competing automaker.
11-09-06, 02:21 PM
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1) Toyota isn't good at making cars that handle well. When your philosophy is that people only want cheap, numb, disconnected, softly-sprung cocoons, you don't end up with many (any) sports cars.
2) For the past 6 years, it's SUVs that have been bringing in the big profits, and Toyota put its eggs in that basket by releasing no fewer than 9 (yes, you read that right, "9") SUVs.
Maybe with the current trend of smaller, more efficient vehicles, we'll see more sporty cars released. One can only hope.
2) For the past 6 years, it's SUVs that have been bringing in the big profits, and Toyota put its eggs in that basket by releasing no fewer than 9 (yes, you read that right, "9") SUVs.
Maybe with the current trend of smaller, more efficient vehicles, we'll see more sporty cars released. One can only hope.
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