RPT-Japan car makers' profit to rise in Q2 despite yen

Newswire

(Repeat of story first sent on Oct 25) By Chang-Ran Kim, Asia auto correspondent TOKYO, Oct 25 (Reuters) - Japan's top three auto makers are likely to post modest gains in operating profit for the second quarter as healthy sales and cost cuts offset big losses from a fall in the dollar against the yen. A surge in steel prices has put a brake on profit growth, but the impact on forecasts for the year should be limited since, despite the yen's renewed strength, the dollar is still higher ...

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