Toyota Profit hits five year low: Down 28 percent

Toyota Motor Corp. has seen a huge drop in their profit, the biggest in five years. The world’s second-largest carmaker has blamed poor sales of sport-utility vehicles and trucks, due to high fuel prices. Toyota has reported that their net…

Fords $100-million profit turns to $8.7-billion shortfall

Ford are reporting an $8.7-billion shortfall, making it their largest quarterly loss ever. This is the result of falling sales of trucks and SUV’s, as more people look to purchase more fuel-efficient cars. Just three months ago, Ford Motor Co….