Big brand profit/losses, ie, Toyota, ford holden... Its not true is it!!?

[EDManual]

All this talk of these companies over the years making no money, or losing doesnt sound right does it?

We all know of Toyota reporting tiny profits of a few million a year, every year on revenues of $4.5 Billion! in OZ and that is only due to their creative accounting.

Wouldnt it be exactly the same for Ford and Holden? They say they are at a loss every year by some amount. But I dont buy it.... How could they be having massive revenues, be getting investment money from abroad etc if there are no profits? Its obvious there is creative accounting at work. All the profits go overseas, but as long as there are people in work I guess that keeps people(govt) happy enough not to complain about these giants.

Toyota had a tax bill of what $700million a few years back after the ATO did an audit of their dodgy accountin, but didnt pay it, seemed to be forgotten?. Why would they when they can say, seeya to OZ so easily and Rudd or whoever will says never mind about that. Just stay! We'll forget about that bill :-)

How do they do it?

Toyota OZ pay huge prices for anything Toyota Jap do for it. How about 1000 times the going rate for a wiper motor (example, not an actual example). Or $1000 an hour for some Japan based research. That moves the money to japan. So easy. Spend all the money until there is no profit.

Its great.

......