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Friday, December 26, 2008

Reverse Auto News

From "While America Slept" via Dustbury:
Parent infects children: Following Toyota’s announcement of an anticipated loss in fiscal 2008, Denso, Aisin Seiki and four other Toyota group firms have downgraded their earnings forecasts for the year ending March 31, the Nikkei (sub) reports. To offset the yen’s strength, Denso began discussing shipping products from the U.S. to Japan.

I just don't know what to think of this.

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