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Toyota, on December 22, 2008, slashed profit forecasts amid a sales slump. The Japanese automaker, often held up with Honda as a success story for the rest of the auto industry to follow, said it expected a slim profit margin of US$555 million for the year ending in March 2009.
A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009. Following dramatic drops in automobile sales throughout 2008, two of the " Big Three " U.S. automakers – General Motors (GM), and Chrysler ...
Updated August 12, 2024 at 1:21 PM. After what was the warmest winter on record, the upcoming winter should be wet and milder for most of the U.S., according to the Farmers' Almanac. The 208th ...
NXP Semi forecasts revenue below estimates on auto weakness, shares tumble. July 22, 2024 at 4:34 PM. (Reuters) -NXP Semiconductors forecast third-quarter revenue below analysts' estimates on ...
The Dutch company had a day earlier posted its worst quarterly revenue decline in four years and forecast third-quarter revenue of $3.15 billion to $3.35 billion, compared with analysts ...
Toyota stuck to its profit forecast for the full fiscal year through March 2025 at 3.57 trillion yen ($24 billion), down nearly 28% from the previous fiscal year. Last week, Japanese rival Nissan Motor Co. reported a 73% decline in quarterly profit, although sales edged up 3%. Honda Motor Co. reports earnings next week. ___
Companion. Warner Bros. Pictures / New Line Cinema / Vertigo Entertainment. Drew Hancock (director/screenplay); Sophie Thatcher, Jack Quaid, Lukas Gage, Megan Suri, Harvey Guillén, Rupert Friend. [ 1] Den of Thieves: Pantera. Lionsgate / Entertainment One / Tucker Tooley Entertainment.
(Reuters) - Research firm Newzoo dialed back its annual growth forecast for the global videogame market on Tuesday, as console sales underperform amid a relatively light release schedule of games ...