Quote:
Originally Posted by 96CAMaro
Well that sucks. No offense to Ford and Dodge, but I hope that they are doing as bad as GM is. Oops, did I say that out loud?  |
It's not just the big three anymore...
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TOKYO (AP) -- Toyota slashed its annual earnings forecast Thursday to less than a third of what it was the previous fiscal year, the latest stunning sign that the global slowdown and strong yen are taking a toll on Japan's mighty automakers.
Toyota Motor Corp., which has been riding high on the success of its Prius hybrid and Camry sedan, reported that its July-September quarter net profit plunged 69% to $1.4 billion.
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