http://www.nytimes.com/2008/12/23/bu.../23toyota.html
This is not altogether surprising, but it shows that even the stronger manufacturers are suffering.TOKYO — Toyota Motor, the Japanese auto giant, said Monday that it expected its first operating loss in 70 years, underscoring how the economic crisis was spreading across the global auto industry.
On Monday, Toyota said it expected an operating loss in its auto operations of 150 billion yen, or $1.7 billion, for the fiscal year ending March 31. That would be the company’s first annual operating loss since 1938, a year after the company was founded, and a huge reversal from the 2.3 trillion yen, or $28 billion, in operating profit earned last year.
This also does not bode well for Toyota's continued involvement in F1.