Toyota Could Post Record Profit This Year
May 9 (Bloomberg) -- Koji Endo, an analyst with Advanced Research Japan in Tokyo, talks about Toyota Motor Corp.s' business outlook and Japan's auto industry. Toyota, the world’s largest carmaker, yesterday forecast profit and revenue that missed analysts’ estimates, based on outdated projections for the yen to trade at 90 against the dollar and 120 versus the euro this fiscal year. Endo speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Most Recent Videos
"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
53:34 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)