Last week saw Toyota announce its first profit drop in nine years, with the carmaker revealing a 39% decline in its global operating profit the quarter ending in June this year.
The industry juggernaut has now revealed an even worse result in percentage terms for its North American unit, with profits for the past quarter plunging from $1.4 billion to just $15.2 million in a one year period - a nosedive of 98.9%.
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