Emily Maltby, CNNMoney.com staff writer
On Thursday May 14, 2009, 4:19 pm EDT
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Chrysler dealers nationwide were fearing the UPS guy on Thursday.
For 789 dealerships, the man in brown came carrying an overnight letter from Chrysler LLC indicating that they are being closed as part of the automaker’s bankruptcy. Some dealers received additional phone calls [...]
Filed at 7:28 a.m. ET
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TOKYO (Reuters) - Toyota Motor Corp <7203.T>, the world’s biggest automaker, forecast a much bigger-than-expected $8.6 billion annual loss and said it would sell about 1 million fewer vehicles this year, leaving it desperately trying to cut costs in the grip of a severe market downturn.
The global [...]