Toyota's profits under pressure as Japanese unions make high pay demands and steel suppliers refuse to lower prices
Leading Japanese automaker is under pressure to agree to its union's wage demands after forecasting record profit for FY 2013/14
Toyota, arguably the world's largest automaker, faces increasing cost pressures as it negotiates with its 63,000-member labour union over annual wage rises and with steelmakers over steel sheet prices, reports financial daily Nikkei.
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