Toyota with first loss for 71 years
01.01.2009
The scond largest automaker in the world
Toyota expects his first operational loss
for 71 years. The financial year
finishes in March
and the company forecasts 1,7 billion USD loss.
The previous forecast was for 6,7 billion USD profit.
Japan (1) -- Analyses -- 2009
For the downturn of Toyota
01.01.2009
The last loss of Toyota was in 1938.
Toyota and other automakers cut their production in a response of the market crisis.
The company also plans to reduce its supply to USA and Canada.