Toyota Motor, the Japanese auto giant, said Monday that it expected its first operating loss in 70 years. That would be the company’s first annual operating loss since 1938, a year after the company was founded, and a huge reversal from the 2.3 trillion yen, or $28 billion, in operating profit earned last year. continue reading...
First of all, no matter what you’ve been hearing General Motors is not going out of business. This car company is in a terrible crisis, but they will endure.
Read more to dispel the GM myths. continue reading...
