rssTo Reiterate: The Bailout Won’t Help the Big Three Unless Folks Start Buying Cars Again
By Mike Lillis |
12.23.08 | 11:02 am
More bad news for Detroit: Toyota announced yesterday that it expects to lose $1.7 billion for the fiscal year ending March 31 — the first annual loss for the company in 70 years. From The New York Times:
Analysts said Toyota’s downward revision, its second in two months, showed
