(AFP/File) - Toyota Motor Corp. is planning to downgrade its earnings forecasts for the year to March 2009 amid the global financial turmoil. Toyota's operating profit for the year to March is expected to tumble around 40 percent from the previous year to about 1.3 trillion yen (12.8 billion dollars), falling short of a 1.6 trillion yen projection as the worldwide financial crisis dampens auto demand.(AFP/File/Stan Honda)

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This entry was posted on Wednesday, October 8th, 2008 at 2:30 am and is filed under Toyota News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

(AFP/File) - Toyota Motor Corp. is planning to downgrade its earnings forecasts for the year to March 2009 amid the global financial turmoil. Toyota's operating profit for the year to March is expected to tumble around 40 percent from the previous year to about 1.3 trillion yen (12.8 billion dollars), falling short of a 1.6 trillion yen projection as the worldwide financial crisis dampens auto demand.(AFP/File/Stan Honda)

Continue reading at the originating website

This entry was posted on Tuesday, October 7th, 2008 at 8:32 pm and is filed under Toyota News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.