Toyota Hitting Bottom, Posts Big Loss But Raises Outlook |
August 02, 2011 | August 2011 Bond Updates |
Toyota Motors posted a big loss in the first quarter as its sales in Japan and North America continue to suffer from the effects of a massive earthquake and tsunami combo that rattled Japan back in March. The automaker?s loss, though, was smaller than expected which, along with improved guidance, gave the stock some breathing space. |
View more at: http://blogs.forbes.com/afontevecchia/2011/08/02/toyota-hitting-bottom-posts-big-loss-but-raises-outlook/ |
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