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Toyota Motor cuts 2009 sales forecast

Source: The Financial Express

Tōkyō : Japan | about 1 year ago

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Toyota Motor Corp, the world's most profitable carmaker, cut its 2009 vehicle sales forecast by nearly 7 per cent due to a severe downturn in Western markets driven by high fuel prices and a credit crunch. The weaker outlook highlights an increasingly difficult environment for global automakers faced...

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