Toyota released its 2nd quarter financial results today. Net revenues for the first two quarters decreased 6.3% compared to last year, to 12.19 trillion yen. Operating income decreased sharply, falling 54.2% to 582 billion yen. Net income also dropped, falling 47.6% to 493.4 billion yen. Vehicle sales also decreased by 51,000 vehicles compared to last year, with reported sales for the second quarter of 2008 coming in at 4.25 million.

With everything that’s going … Read the rest