Toyota Profits Down – But Big Increase Forecast
Hammered by a strong yen, the end of green car incentives at home and the cost of reining in quality and safety issues, Toyota Motor Co. is reporting a sharp, 39% decline in its fiscal third-quarter...
View ArticleQuake Will Clip Toyota Profits By 35%
Toyota now forecasts the March 11 Japanese earthquake and tsunami will slash its profits by 35% for the current fiscal year. But, as TheDetroitBureau.com reports, the maker hopes to make up a...
View ArticleToyota Sharply Downgrades Earnings Forecast
Weeks after company officials expressed their hopes that things were getting back to normal, Toyota officials have issued a bleak forecast that sharply downgrades its earnings for the rest of the...
View ArticleWeak Yen Equals Strong Earnings for Toyota
Toyota overcame a variety of problems to deliver a big jump in earnings for the latest quarter -- in large part assisted by the weak yen. But the maker warns its sales will slip in the months ahead....
View ArticleToyota Quarterly Earnings Top $5.4 Billion
Toyota managed to pull together a 5% jump in net profits for the third quarter of its fiscal year, despite a tepid global economy and relatively flat sales. TheDetroitBureau.com looks beyond the...
View ArticleToyota Earnings Up – But Outlook Bleak Going Forward
Even while celebrating yet another record annual profit officials at Toyota Motor Corp. put a bleak face on, warning that profits for the current fiscal year are likely to fall by 35% or more....
View ArticleToyota Earnings Slip; Company Cuts Forecast
Snagged by a strong yen, tepid sales and supplier problems, Toyota Motor Corp. delivered a weak profit for the latest quarter, the Japanese giant also warning that the current fiscal year could be its...
View ArticleToyota Tumbles; Operating Profits Plunge 43%
Toyota earnings took a tumble for the latest quarter, the maker hammered by currency shifts and a shortfall of the utes and other light trucks American buyers are demanding. But, as...
View ArticleToyota Earnings Tumble on Weak Yen
A strong yen translated into weaker earnings for Toyotaduring the fiscal third quarter, and the company forecast a 26% decline in net profit for the full year. Meanwhile, Toyota says it has "no...
View ArticleToyota Earnings Soar as Yen Sinks
A weak Japanese yen translated into strong earnings for Toyota Motor Corp. during the July-September quarter and has the automaker forecasting improved earnings for the current fiscal year despite...
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