Toyota reports worst annual loss

BBC, 8 May 2009
Toyota, the world's biggest carmaker, has made its worst annual loss as the global economic downturn has hit demand for its vehicles.
The Japanese company said it made a net loss of 436.94bn yen ($4.4bn; £2.9bn) in the year to 31 March, compared with a record profit the year before.
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Toyota last made a net loss in 1963, a spokeswoman said.