Toyota Forecasts 20% Drop in Revenue From Coronavirus

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Toyota forecasts 20% drop in revenue from the coronavirus but expects operations to remain profitable

TOKYO—Toyota Motor Corp. forecast revenue would fall 20% this fiscal year because of the new coronavirus, but it said its operations would manage to stay in the black. Japan’s biggest auto maker by sales said it expected the car market to bottom out by June and return to the same level as the previ.

TOKYO—Toyota Motor Corp. forecast revenue would fall 20% this fiscal year because of the new coronavirus, but it said its operations would manage to stay in the black. Japan’s biggest auto maker by sales said it expected the car market to bottom out by June and return to the same level as the previ

 

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Pushing the pause button was probably needed anyway. The old clunker seems even more zombified nowadays. My E150 Toyota Auris is ready for a history of technology museum. E210 is way better. And yet a lot more to come...

..... people r dying and unemployed

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