Japan Earthquake Slams Toyota Profits

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By
Muhammed El-Hasan
on May 11, 2011 9:04 AM | | Comments (0) |

No surprise here ...


(GlobalPost.com) The company says quarterly profits fell 77 percent to 25.4 billion yen (about $302 million), as the disaster has so far cost Toyota $1.3 billion. The strong yen also pressured the company's sales in the past three months.

Read more on Toyota's Earnings.

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This page contains a single entry by Muhammed El-Hasan published on May 11, 2011 9:04 AM.

Toyota To Make All Prius Models Plug-Ins: Report was the previous entry in this blog.

Toyota Truck Gets Top Rating is the next entry in this blog.

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Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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