Report: Toyota’s Operating Loss Will Widen to US$4.5B
31 January 2009
The Nikkei reports that Toyota Motor Corp.’s group operating loss for the year ending March 31 is likely to jump to ¥400 billion (US$4.5B) from the ¥150 billion it projected last month (earlier post). With the global economy quickly weakening, the automaker has been unable to halt the slide in... Read more →