A compilation of brief news reports for Thursday, December 25, 2008.

The Japanese automobile manufacturer Toyota has reported a sharp decrease in the number of global vehicle sales in November. The firm sold 618 000 cars in that month, a decrease of almost 22% from the same time last year.

This comes several days after Toyota’ prediction that it would have its first annual loss in 71 years.

Sources

Rene-Thierry Magon de la Villehuchet, the fund manager of an investment fund that lost US$1.4 billion to Bernard Madoff’s Ponzi scheme, was found dead on Tuesday, having committed suicide.

De la Villehuchet was found by a security guard in his Madison Avenue office in New York City on December 23. A bottle of sleeping pills and a box cutter were discovered on the floor near his person, and his wrists were slashed.

Sources

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This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.