Toyota Motor Corp. reports a fiscal first quarter (ending June 30) profit of ¥352 billion ($2.8 billion), a 117% increase vs. like-2001. Strong sales, particularly at its Lexus luxury division, helped lead the results. Lexus sales rose 13% from year-ago. Toyota says the large profit results primarily from a one-time gain from its pension fund. It also says strong U.S. sales helped, but warns sluggish sales in Japan could impact its bottom line for the year. Toyota’s domestic sales are ...
Premium Content (PAID Subscription Required)
"Toyota Sees Profits Double" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642