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Toyota sees first annual net loss since 1950
World's largest carmaker blames economic slump for sales slump
Toyota sales slump. Continued from last week
In December, Toyota, maker of the Prius hybrid and Camry sedan, thought it would eke out a small annual net profit, but the outlook has darkened since then, particularly as the U.S. auto market has collapsed.
Toyota Slump. Continued
Until the U.S. financial crisis erupted last year, Toyota had been on a roll, boosting profits each year for seven straight years, riding on the success of its fuel-efficient models.
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Blaine Miller
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Service area - 60 miles of Fort Wayne
(260) 488-0289

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