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Toyota Revs Up Cost Cuts

6 hours ago ago from Wall Street Journal

BY YOSHIO TAKAHASHI TOKYO Under pressure from the second straight year of losses, Toyota Motor Corp. is making a renewed push to make cars more efficiently and at lower costs, as part of the auto maker's efforts to return to profitability despite a stronger yen and waning government incentives in key markets. The world's biggest car maker by volume told suppliers at a meeting Monday that it wanted them to help the company reach its goal ...

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