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Last quarter's financial news has been brutal for all that have reported, but the biggest blow has just come from one of the world's most successful automotive powerhouses. Toyota has posted a last-quarter loss of $7.7 billion; the worst loss of the company's 71-year history and worse than even ...
An operating loss of ¥283.0 billion ($2.91 billion at current exchange rates) for the period ending March 31 represents Honda Motor Company's first quarterly loss in 15 years. To put that into proper perspective, that was when Honda was plying the 1994 model year Accord wagon shown above. The ...
Toyota has just released its earnings report for the quarter spanning April through June and the Japanese automaker has posted an operating profit of $4.45 billion. Toyota's profits even beat the optimistic projections of most analysts. Its North American outfit accounted for a little over $1.2 ...