Even mighty Toyota is stumbling from the U.S. recession.
Due to slumping sales, Toyota reported its first annual loss in 59 years — $3.6 billion of losses. Business is so bad that Toyota has its hand out for some government money.
I believe that Toyota is the very best car company you could own…but I wouldn’t want to own it today.
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Tony,
Don’t know where to put this, so it goes here
In you article on MAM on 3-10-09 Titled: Things Go Better With Coca-Cola – At Least Overseas -
You said that Coca-Cola reported an impressive quarterly profit of $1.4 million and that they took a $1.8 million loss in the same period in 2007.
Did you mean a $1.4 billion quarterly profit? And a $1.8 billion loss? Just trying to understand and clarify.
Thanks!
Scott