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Financials: Latest Results
Rank in Motor Vehicles: 2 (Previous rank: 2*) Overall score: 6.25 Why it's admired As U.S. automakers GM and Chrysler went crawling to Washington for help, Toyota was still looking relatively strong. But the global downturn still took a toll: For the first time since 1950, in February Toyota forecasted that it would post a net loss -- almost $4 billion in its 2008 fiscal year. Just days earlier, the company named Akio Toyoda, the grandson of renowned founder Kiichiro Toyoda, as president. By going back to the basics, the world's largest and richest automaker hopes to drive its earnings north again. -A.A..Address: 1 Toyota-cho Toyota, Japan 471-8571 Phone: 81-565-28-2121 Website: www.toyota.co.jp | ||||||||||||||||||||||
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