Toyota's 2011 profit forecast to decline by 31%

The earthquake and tsunami that destroyed a part of Japan will have serious consequences in the automotive sector, lowering the profits of Toyota, from headquarters have in fact indicated that the 2011-2012 fiscal year - which ends next March 31 - could be close a decrease of 31%, ending the profits to 2.5 billion euros. The note speaks for the House, as citing the fall in production following