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Toyota quarterly profit rises on growing sales, cost cuts

Discussion in 'Toyota Passenger and Sports Car' started by MG, Nov 7, 2018.

  1. MG

    MG Moderator

    Toyota Motor Corp. reported a 28 percent surge in its net profit in the last quarter, helped by growing sales in Europe, Asia and the Americas, and raised its earnings forecast for the full year.

    The top Japanese automaker said Tuesday that its July-September profit totaled 585.1 billion yen ($5.2 billion), up from 458.3 billion yen the year before. Quarterly sales rose 2 percent to 7.31 trillion yen ($64.7 billion).

    The manufacturer of the Camry sedan, Prius hybrid and Corolla subcompact forecast a...READ MORE HERE

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