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3. Toyota earnings surge 26% as currency gains, cost cutting offset lower sales

2015-11-05 11:00:50| Automakers - Topix.net

TOKYO Operating profit at Toyota Motor Corp. surged 26 percent in the latest quarter, as cost cutting and foreign exchange rate gains offset declining global sales. North America remained Toyota's biggest market, but sales dipped slightly due to inventory adjustments.

Tags: sales cost lower currency

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