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Auto News Articles - Toyota expecting 20% profit drop
News Article
Toyota expecting 20% profit drop
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Source: Motoring
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Date:4/18/2008
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Source Link: Click Here |
Toyota is expected to suffer its first drop in operating profit in nine years because of sluggish US sales and a stronger yen. Toyota's consolidated operating profit for the fiscal year to March 2009 was expected to drop by 20 percent to the equivalent of about R140-billion.
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