Toyota aims to lower break-even point for Japan ops

Newswire

NAGOYA, Japan, Dec 24 (Reuters) - Toyota Motor Corp is aiming to significantly lower its break-even point for its Japanese operations through a slew of improved manufacturing processes, a top executive said on Friday. "We're trying to be able to operate (profitably) at 85 yen (to the dollar) and 70 percent utilisation," Atsushi Niimi, executive vice president in charge of manufacturing, told reporters. As the financial crisis hammered sales and left much of its production capacity ...

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