Follow us:              
You are here: HOME > MONEY > Report

US double-dip, stronger yen are concerns: Toyota

Published: Friday, Dec 4, 2009, 12:25 IST
Place: TOKYO | Agency: Reuters

A top executive at Toyota Motor Corp on Friday expressed concerns about a possible double-dip in the US market and a stronger yen in the next financial year.

"The initial scenario was for this business year to be the bottom, as we wanted to avoid three straight years of losses," Toyota executive vice president Yukitoshi Funo told reporters.

"But I don't think we can expect an improvement in a linear fashion into next year any more."

                     +    -
Share
Top stories on DNAIndia.com » Popular content »
C.0
Comments  |  Post a comment
Blogs »
Downloading blues

- Jayadev Calamur
C.0
©2012 Diligent Media Corporation Ltd.
D.0