Toyota Revises Down Full-Year Earnings Projection – Wall Street Journal

Posted: Thursday, August 04, 2016

TOKYO—Toyota Motor Corp. lowered its full-year earnings projection after first-quarter net profit tumbled on a strengthening yen and as the Japanese auto maker plays catch-up with changing U.S. consumer tastes.

Japan’s largest car maker by global sales expects a net income of ¥1.45 trillion ($14.3 billion) in the financial year ending March…

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