Monday, December 22, 2008

Toyota Reports A $1.7 Billion Dollar Loss

Headline news in China has estimated a 1.7 billion dollar loss due to the economic Toyota sales in America are down 36.7%, China 10.3%, and Europe 25.8%.It’s the first loss the company has reported 71yrs. General Motors and Chrysler are not the only car companies that are in need of help. It has been reported that Land Rover and Jaguar are also looking to receive help from the Belgium Government.

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