Looks like the almighty Toyota is revising the previously stated losses.
Toyota said it expects it will lose $5 billion on the year, The New York Times (NYSE:NYT) reported. In December, the company estimated losses of $1.6 billion, a sharp turnaround from the previous year's gain of $28 billion and the first annual loss since the company began in 1937.
Wonder when people are going to start calling for Toyota to end their version of Jobs Banks?