Go Ahead, Jump! Toyota's Quarterly Profit Leaps 39%


We haven't even been able to hold down a relationship for the length of years Toyota's been running a profit. This quarter's expected 39% bump in profits represents the sixth straight year of record fiscal reports. The big T recorded a net profit of 404.1 billion yen ($3.6 billion), up from the 290.7 billion yen ($2.61 billion) from the same quarter last year — with vehicle sales rising in every major region of the world except one — Japan. Jeez, whatever happened to home-field advantage? We dunno — but maybe Toyota should ask FoMoCo, GM and the company-formerly-known-as-Chrysler that very question.

Toyota's quarterly profit jumps 39 percent [Freep]

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More on Toyota [internal]