TOKYO -- Growing competition, rising costs and slowing sales have dealt a heavy blow to Japan's leading automakers, with more players weighing streamlining efforts to overcome industry headwinds.
Global streamlining push expands to Japan as top players face headwinds
Toyota Motor saw its quarterly profit drop 55% during the July-September period. © Reuters
TOKYO -- Growing competition, rising costs and slowing sales have dealt a heavy blow to Japan's leading automakers, with more players weighing streamlining efforts to overcome industry headwinds.