Toyota blames the "unprecedented emergency situation" in the global economy for its losses.
Biography
Siobhan joins Channel 4 News from the Times where she was Politics and Business correspondent, based at Westminster.
Before joining the Times' Westminster team Siobhan worked for the Times' Business section as Mergers and Private Equity Correspondent - an investigative role where she quickly made her mark breaking big deal stories including exclusively reporting that Richard Branson's Virgin had submitted a proposal to buy Northern Rock.
Prior to The Times, Siobhan worked for Reuters heading the team covering mergers, banking and the City.
Previously based in New York for five years, she covered the Internet boom and bust including the collapse of some of America's biggest companies including Worldcom and Global Crossing.
Siobhan was also one of the first reporters on the scene for Reuters during the 9/11 terror attacks and won plaudits for her range of stories in the aftermath of the crisis.
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Siobhan Kennedy
