Toyota posts record annual profit of $17.9 bn
Tokyo (AFP) May 08, 2014 - Toyota booked a record $17.9 billion annual net profit Thursday, driven by a recovery in major markets and the weaker yen, but the world's biggest automaker cautioned that earnings growth would stall this year. Japanese car companies have been big winners over the past year as a sharp drop in the yen inflated their repatriated profits, while sales accelerated in key markets including the US ... more
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