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Título: [topspeed] North America drags down Toyota Enviado por: Informadora em 08 de Agosto de 2008, 00:01:03 North America drags down Toyota
Posted on 08.7.2008 14:10 by Myles KornblattFiled under: Toyota | industry newsEven companies with small cars and hybrids can't escape a slowing economy and high gas prices. Toyota announced its income for the last three months is down 28 percent compared to last year. This has led to Toyota's biggest drop in profits in five years. The biggest culprit for this slide is sales in the North America, where operating profit fell 57 percent as record gasoline prices cut demand for large vehicles. This is what forced President Katsuaki Watanabe to halt U.S. production of (...)Permalink | Comments http://www.topspeed.com/cars/car-news/-north-america-drags-down-toyota-s-sales-ar62145.html |