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Financial News

Monday December 22, 04:57 PM

 

 

Toyota is to post an operating loss of $1.69bln -- its first-ever since March 1941

By David Mcnew

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Newly-imported cars at the Toyota Long Beach distribution center in Long Beach, California. The global economic crisis could put an extra 25 million people out of work, the OECD warns, as Japan's iconic Toyota auto company forecasts its first ever operating loss and European stocks plunge on pre-Christmas gloom. Newly-imported cars at the Toyota Long Beach distribution center in Long Beach, California. The global economic crisis could put an extra 25 million people out of work, the OECD warns, as Japan's iconic Toyota auto company forecasts its first ever operating loss and European stocks plunge on pre-Christmas gloom.


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