To the Point
Toyota Expects First Operating Loss Since 1941
For the first time in 70 years, Toyota expects to post losses. Last year, it made $28 billion, but this year the company predicts a negative outcome of $1.7 billion. Based in Detroit, David Kiley is senior correspondent for BusinessWeek magazine.
For the first time in 70 years, Toyota expects to post losses. Last year, it made $28 billion, but this year the company predicts a negative outcome of $1.7 billion. Based in Detroit, David Kiley is senior correspondent for BusinessWeek magazine.