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Toyota automotive car announced in the days past economic performance for the third quarter 2009 showing a dramatic slump in profits and amounting to 69% compared to the same period last year. The largest manufacturer in the world were particularly affected by the drastic contraction of the global car market and saw its share of sales fall 8% equity in a year and losing profits amounted to 139.8 billion yen compared to Q3 2008 .
In connection with this data are Toyota automotive car had to literally throw away his earnings estimates on 2009 is speaking of economic and financial crisis as something “unprecedented”. The group now expects annual profits amounting to 550 billion yen and against the budgeted 1250 and in practice after nine years of steady and gradual growth and profits FRANANDO suddenly by 68% in just twelve months
In connection with this data are Toyota automotive car had to literally throw away his earnings estimates on 2009 is speaking of economic and financial crisis as something “unprecedented”. The group now expects annual profits amounting to 550 billion yen and against the budgeted 1250 and in practice after nine years of steady and gradual growth and profits FRANANDO suddenly by 68% in just twelve months
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