Toyota cuts full-year profit forecast, warns over Brexit
06 Feb 2019; AFP: Japanese car giant Toyota slashed its full-year net profit forecast Wednesday after saying its nine-month figure had tumbled nearly 30 percent as it was hit by investment losses.
The firm's senior managing officer Masayoshi Shirayanagi also told reporters there was no way to avoid a negative impact in the event of a no-deal Brexit -- days after fellow Japanese carmarker Nissan announced a cut in production in Britain.