August 07, 2013

Toyota has doubled profits and sold fewer cars as lower yen and cost cutting cited


Picture: Busy road in Tokyo, Japan


"Toyota has pulled off the unlikely feat of nearly doubling profit while selling fewer cars...the weaker yen...The rest was due to cost cutting"


Source: Yen to deliver on the road ahead
By Aaron Back
Wall Street Journal
The Australian Newspaper
Monday 5th August 2013, page 25

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