TOKYO/WASHINGTON (Reuters) – Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Toyota’s $2B recall will keep it in the red
TOKYO/WASHINGTON (Reuters) – Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
February 4, 2010