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Toyota projects first loss in 70 years
(agencies)
Updated: 2008-12-23 10:45


Executives of Toyota Motor Corp listen their president Katsuaki Watanabe's (not in the picture) speech at a news conference in Nagoya, central Japan, December 22, 2008. The Japanese auto giant said on Monday it expects an operating loss of 150 billion yen ($1.66 billion) for the fiscal year ending in March, its first operating loss ever in its 70-year history.[agencies]