Toyota’s profit slides on quake disruption

Toyota President Akio Toyoda speaks during a press conference in the automaker's headquarters in Tokyo Wednesday. Toyota, which is likely to lose its spot as the world's No.1 automaker to GM later this year, reported its fiscal fourth quarter results Wednesday.Toyota’s quarterly profit crumpled more than 75 percent after the March earthquake and tsunami wiped out parts suppliers in northeastern Japan, severely disrupting car production.



msnbc.com: Autos

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