Toyota Motor Corp. reports a consolidated operating loss of ¥360.6 billion ($3.93 billion) in its fiscal third quarter, ended Dec. 31, due to the continuing deterioration of the Japanese auto maker’s major markets. Toyota’s net revenue in the October-December period declined 28.4% on a consolidated basis to ¥4.8 trillion ($52 billion), from ¥6.7 trillion ($73 billion) year-ago. Net income fell to a loss of ¥164.7 billion ($1.8 billion), from prior-year’s positive ¥458.6 billion ($5 ...
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