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Toyota reveal 1.1bn loss!!!


Marc

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For the first time in 71 years toyota will be posting a loss of 1.1 billion pounds. Toyota are the worlds biggest and most powerfull vehicle manufacturer in the world. This will be seriously bad news for a lot of peoples jobs both in Japan and around the world.

Toyota have blamed the loss on the massive surge of the yen and falling demand.

Japan, which is the second largest economy in the world has gone into recession with 2 consecutive quarters of negetive growth and are forecasting 0 growth for year ending March 2010.

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not good at all .. as Wife, Daughter and both son in law's to be work for UK's largest Japanese motor parts company .. friend works for Toyota itself... but by far the most serious prob is my beloved "WILLAMS F1 TEAM" are powered by Toyota..

Your priorities are excellent LMFAO

JJB and Debenams will be next to announce

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