Toyota loss balloons to US$8.6 billion
May 9, 2009 by David Twomey
Filed under Australian Car Industry News, Car News, GM, Honda, Industry, Toyota
Showing that even the apparent mighty are not immune in the current financial times, the world’s biggest car maker, Toyota, has forecast a much bigger than expected loss of US$8.6 billion.
Toyota Motor Corporation, announcing its latest results in Tokyo, said it would also sell about one million fewer vehicles this year, leaving it desperately trying [...]
