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Auto News Articles - Toyota Operating Profit May Fall by Quarter
News Article
Toyota Operating Profit May Fall by Quarter
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Source: CNBC
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Date:4/17/2008
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Source Link: Click Here |
Toyota Motor's 2008/09 operating profit is likely to fall by around a quarter, underscoring tough business conditions for Japanese manufacturers. The drop was expected to come from an economic slowdown in the United States, the company's biggest market, as well as recent sharp gains in the yen.
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