Toyota looks at carmaking abroad as yen causes ‘difficult time’

Toyota Motor Corp.’s earnings are dropping as the yen gets stronger, pushing the automaker to expand production outside Japan. Chief Financial Officer Satoshi Ozawa said this is a difficult time for the company. Toyota will have to cut production costs to compensate for the currency problem.
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knowitall1985 - 10/11/2011 3:44:02 PM

+1 Boost

Bring those jobs to the US. There are thousands of people on wall street sitting around waiting to go to work. They don't want to work their way up, they want a high paying right now.