Toyota and U.S

Recently the Toyota corporation announced that it was re-organizing its North American operations. It would put sales, engieering and manufacturing operations under one executive. Toyota began selling cars in the United States in 1957 from California. The cause of the re-organization of U.S. operations was due in part to like other global auto companies, is striving to cut costs. The automaker is expected to announce a $3.5 billion loss for the fiscal year that ended March 31, and its sales in the United States this year are down 37 percent compared with 2008. The effects of the global recession is having a dramatic impact on the auto industry. Not only is Toyota hurting, but U.S. domestic automakers are suffering as well. They have had to go to there government to get bailout funds in order to stay a float.

http://www.nytimes.com/2009/04/10/business/global/10toyota.html?ref=business