Podcast::Toyota losses expected to be 5 billion dollars

The world's largest carmaker, Toyota, has said its losses for the year are now likely to be three times worse than it had forecast just six weeks ago
Toyota has expected to make a profit this year but know it's going opposite and making a net loss of nearly 5 billion dollars by the end of March.The Japanese Toyota organisation hoped to be recovered by the United States in the car market.The Government is motivating and encouraging Toyota,Japanese car company, by Fiscal policies which are working pretty well,and by their forecast,they hope they will go up again at the end of the year.

Japan and other countries are facing the same problem.No one wants to buy cars at the moment.The demand for the cars is going down!And in Japan and other countries such as European are afraid of losing jobs.Toyotat said they planed to shut down factories,but they will still produce cars.