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View Full Version : Toyota Cuts Annual Profit Forecast by 54% After Thai Floods Disrupt Output - Bloomber



NewsWhore
12-09-2011, 03:01 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGc1WbLKR7_Wxc2nJArA9JO5Gf2hw&url=http://www.bloomberg.com/news/2011-12-09/toyota-cuts-annual-profit-forecast-by-54-after-thai-floods-disrupt-output.html)
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Toyota Cuts Annual Profit Forecast by 54% After Thai Floods Disrupt Output (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGc1WbLKR7_Wxc2nJArA9JO5Gf2hw&url=http://www.bloomberg.com/news/2011-12-09/toyota-cuts-annual-profit-forecast-by-54-after-thai-floods-disrupt-output.html)
Bloomberg
The stronger domestic currency reduces the value of overseas sales. GM and South Korea&#39;s Hyundai Motor Co. (005380) have benefited while their Japanese rivals struggled. Detroit-based GM&#39;s vehicle sales are poised to overtake Toyota&#39;s this year and ...

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