Archive for December 25th, 2008

Toyota Announces A $1.7 Billion Loss

Lately, news has been all about the domestic carmakers losing billions of dollars each month, yet for the first time in 70 years Toyota just announced that it lost money.  Toyota’s operating loss was $1.7 billion, which is a significant amount, however it doesn’t even come close to the amount that Ford, Chrysler, and GM […]