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Toyota is not confident China will remain profitable

2015-08-06 09:35:22| Automakers - Topix.net

Toyota Motor Corp., the largest Japanese company and the second largest automaker in the world, said recently it "can't be optimistic" about having its Chinese operations profitable this year. China, the world's largest auto market, has recent forced the Japanese carmaker to lower prices and increase buying incentives offered to consumers to cope with competitors.

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