From the Associated Press via Yahoo! News: "Toyota projects first operating loss since 1941," by Yuri Kageyama--
Toyota Motor Corp. projected its first-ever operating loss since it began such reports, acknowledging Monday that its nine-year stretch of global vehicle-sales growth had stalled.
Crashing auto demand, especially in its key U.S. market, and the profit erosion from a surging yen proved too much for Japan's top automaker, which had been booming on the success of its fuel-efficient models, incluading the Camry sedan and Prius gas-electric hybrid.
--Posted by East Alton Illinois personal injury lawyers and the Grafton Illinois car accident attorneys of Schaeffer & Lamere, P.C., handling Missouri and Illinois accidents, personal injury, products liability, workers' compensation, medical malpractice, truck accidents, and all other types of injury cases.
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