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Toyota set to invest $35B in business

05/26/2006, 9:07 AM

By admin

Toyota will make capital investments of more than 4 trillion yen ($35 billion) over the next three years to boost its production worldwide, sources told the Japan Times. The automaker earlier said it will spend a record 1.55 trillion yen on plants and equipment in the year ending next March. This will be followed by another 1.4 trillion yen or so in capital spending per year in fiscal 2007 and 2008, the sources said.

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05/26, 9:22 AM

posted by:

Jon F.

Oh..that’s what they wanted the $35 billion that I loaned them for. It all make sense now.

05/26, 11:17 AM

posted by:

LOPZ

Are they going to buy a SOUL with that money?

05/26, 1:26 PM

posted by:

Subservient

I for one welcome our new Toyota overlords.

05/26, 2:51 PM

posted by:

gsh

damn, thats a lot of money. thats nearly ten times the profit mercedes makes a year, and theyre spending it in 3 years! lol…wish i had that kind of coin..

05/26, 4:05 PM

posted by:

RangeRoverBoy

How much extra is the f1 bidget?
Still yet to make a mark… other than oil on the track.

08/17, 10:37 PM

posted by:

businessopportunities

businessopportunities businessopportunities

 
 
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