Tumbling Profits Force Toyota CEO into Crisis Mode

Even as it develops efficient new platforms and streamlines its operation where it can, Toyota finds itself against the ropes as a falling yen and rising costs sends profits tumbling. Its end-of-fiscal-year financial statements, released today, are enough to send bean counters to the medicine cabinet in search of antacid, while the company's president warns […] The post Tumbling Profits Force Toyota CEO into Crisis Mode appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA