Toyota Reports Best Quarter Ever
Despite concerns in the industry about sluggish auto sales in the U.S. and Japan, Toyota Motor Corp. got help from a weak yen and cost cuts in its earnings announced Friday for its first fiscal quarter.
Japan’s biggest automaker posted a 32.3 percent jump in profit to 491.54 billion yen ($4.1 billion) for the April-June quarter.
One quarter doesn’t mean much but this is just the continuation of a long term trend. Posts on Toyota’s management system.
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