Toyota Motor Corp. saw its second-quarter fiscal 2005 operating profit fall 2.2% from year-ago to ¥417.6 billion ($3.9 billion), due to a strong yen that has harmed fellow Japanese OEMs as well. (See related story: Honda’s Profits Fall 7.5% in Fiscal Q2) Still, Toyota remains upbeat on sales projections, reportedly raising by 20,000 units its group global vehicle sales estimate for 2005 to 7.22 million. For 2006, Toyota expects global sales of 8.5 million vehicles, a company official tells ...
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