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More signs that things are not well at Toyota, as President Katsuaki Watanabe has canceled his plans to attend the Detroit auto show. Sounds to me that this is more of a "gesture" to show that Toyota too is suffering. Yeah, Toyota posted a loss for the year, something they have not seen since 1938! Even so, they surely could afford to send their top guy to this show.
Here's Inside Line's take: Toyota Expects First Operating Loss in 70 Years
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