RobertRyan wrote:
No they have never been bailed it out, it has never been bankrupt
Like Ford they asked for a loan to ride out the 2009 Crisishttp://www.abc.net.au/news/2009-03-03/japan-asked-to-bail-out-toyota/1607850
WOW really? So if it's Chrysler and GM it's a bailout, but if it's anyone else it's called a freaking loan?
Let me make this clear, Chrysler and GM did not want to go through Bankruptcy, it was three Congressman that demanded they go through a Government MANDATED bankruptcy before they would allow them to get the Government loans. It should be noted that Canada was not on board with this and did not make it a requirement to get loans from them!
Don