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Toyota racing to record profit, but China flashing red signal

Thursday, November 6, 2014 - 05:50

Tokyo

TOYOTA on Wednesday said it was on track to book a record US$17.5 billion full-year net profit, as Japan's major carmakers wrapped up a bumper earnings season, but the industry is facing headwinds from slower demand at home and in China.

The world's biggest carmaker revised

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