Toyota Tells Share Holders That They Have Recovered From Last Year's Disaster

Toyota Motor Corp. President Akio Toyoda assured shareholders Friday that Japan's top automaker had recovered from last year's disasters even as power shortages continue to dog the country.

The earthquake and tsunami in northeastern Japan and the flooding in Thailand last year temporarily hobbled production for all the Japanese automakers, but they have since recovered.

"We were able to recover more quickly than we expected," Toyoda told a packed hall at the automaker's headquarters. "We want to work to revive Japan and bring more smiles to Japan."

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lexworld - 6/17/2012 7:46:56 PM

+1 Boost

..man, nothin like earning deep pockets. U gotta love Mr. Toyoda.