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FX and cost reductions fan Toyota profits while volumes fizzle

Toyota faces challenges both at home and overseas on the sales front, but beneficial currency fluctuations and cost savings are propping it up at the moment

Favourable currency effects and cost reduction efforts boosted Toyota's financial results for the fiscal first quarter ended 30 June 2015, but volumes took a hit and are expected to face an uphill battle moving forward.

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https://www.automotiveworld.com/articles/fx-cost-reductions-fan-toyota-profits-volumes-fizzle/

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