Toyota bullish despite fear of profits fall

From: Derby Evening Telegraph | Date: May 9, 2008 | Copyright information

Toyota's Burnaston car plant remains confident about the future despite predictions of a fall in the company's annual profits for the first time in nearly a decade.

The forecast from the Japanese manufacturer comes after it posted a 28% fall in profits in the fourth quarter of its financial year.

In the first three months of 2008, the firm, which makes the Auris and Avensis at its Derbyshire factory, saw income fall from pounds2.15bn for the same period last year to pounds1.6b...

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