Could the leap year bring bad luck to the Japanese? Toyota could be about learn: in the US market, after a consistent fall in sales throughout 2007 (less 28 percent in last quarter), the negative trend continues for the current year, such as to see a possible decline of 27 percent by the end of 2008.

If this trend cements itself, Toyota would mark the first negative result in terms of profit after nine years of constant growth. President of the company Katsuaki Watanabe, has recognised the difficulty in participating in a market gripped by economic crisis, such to oblige management to focus on new strategies to reduce costs.

All in all, the “black hole” of the United States hasn’t overshadowed advances in other countries, especially emerging ones: in China there has been an increase of 20 percent, while in the Middle East and South Africa growth has skyrocketed.

Via | Omniauto

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