Despite a recession in Europe and a shaky economy in North America, Toyota Motor Corp. is having a good year. So good that it raised its estimate for the number of cars the Japanese automaker will sell globally this year to a record 9.76 million, up 23% from last year.
Despite global recalls, Toyota Motor Corp. reversed direction and made money in its recently closed fiscal year. The automaker predicted even heftier profits for the new year, indicating the recalls are little more than a hiccup as ... Read Post
Toyota Motor Corp reported a 23.4 percent rise in quarterly net profit and raised its annual profit forecast more than 10 percent, largely due to a weaker yen and strong U.S. sales. Net income ending in March will exceed the previou... Read Post
TOKYO — Toyota‘s quarterly profit tripled, driven by a recovery from natural disasters, and the company raised its full-year earnings forecast Monday despite a sales slump in China. Toyota Motor Corp., on track to regain the crown o... Read Post