Based on the financial results of the last fiscal year ending in March 2009, Toyota Motor Corporation (TMC) predicted a consolidated net revenue for fiscal year ending in March 2010 of 16.5 trillion yen and vehicle sales of 6.5 million units. TMC’s financial expectations for this year seemed like a stretch primarily because of the direct hit the automotive industry has taken due to this economy, but also because TMC’s profits suffered a severe decrease from fiscal year 2008 to 2009. Nevertheless, Newark new Toyota dealer was right to be confident in their inventory and in TMC.
… Continue Reading