Even mighty Toyota is stumbling from the U.S. recession.
Due to slumping sales, Toyota reported its first annual loss in 59 years — $3.6 billion of losses. Business is so bad that Toyota has its hand out for some government money.
I believe that Toyota is the very best car company you could own…but I wouldn’t want to own it today.
Related Posts
- Toyota passes General Motors (01/21/09)
- Toyota offers 0% car loans (11/10/08)
- Toyota to increase prices (08/20/08)
- South Korea money supply increase by 13% (09/11/08)
- Tax revenues shrink in China (12/14/08)
