Toyota said the strong yen and weaker US sales took a bite out of January-March earnings but projected worse to come: A 27% plunge in full-year profit - the first drop in seven years.The results and outlook released Thursday highlight how a tough North American auto market is hammering the Japanese automaker.
Unfavorable currency swings are adding to a growing list of problems for Toyota Motor Corp. (TM), including soaring material and energy costs and a stagnant auto market in Japan, its home market.
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