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Toyota’s quarterly profit down on COVID parts crunch

TOKYO (AP) – Toyota’s profit declined 31 per cent in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings. Toyota Motor Corp reported on Wednesday a profit of JPY533.8 billion (USD4.1 billion) in the last quarter, down from JPY777.1 billion the previous fiscal year. Quarterly
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