Toyota Demands Parts Suppliers Slash Prices Amid Rising Yen

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Toyota Demands Parts Suppliers Slash Prices Amid Rising Yen
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Toyota‘s rush to cut costs amid a rising yen is leading them towards a confrontation with parts suppliers, with the automaker demanding that Japanese parts makers slash costs or face being replaced with overseas companies. Toyota is still reeling from lost production during March’s tsunami and earthquake, and is estimated to lose $443 million for… Continue Reading...
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