Chock another one up for Toyota...
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08-04-2006, 11:09 AM
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Chock another one up for Toyota...
Toyota's robust sales boost profit 39 percent
Can you imagine making 39% more money than you made last quarter, or this time last year? Must be nice... I know some of this info came out earlier this week, but here are the nuts & bolts...
By YURI KAGEYAMA, AP Business Writer
1 hour, 45 minutes ago
TOKYO - Toyota reported a 39 percent jump in profit in its fiscal first quarter, with strong vehicle sales around the world keeping the company on a pace to possibly overtake General Motors as the world's No. 1 automaker in coming years.
Toyota sold 2.09 million vehicles around the world in the latest quarter, up from 1.95 million the same period a year earlier. The automaker boosted sales especially in North America, where it sold 747,300 vehicles, up more than 16 percent from 641,200 in the first quarter of last year.
In July, Toyota for the first time beat Ford Motor Co. in U.S. vehicle market share, outselling Ford to be No. 2 after GM, although Ford's year-to-date sales are still ahead of Toyota's. General Motors continues to outsell Toyota, selling 2.4 million vehicles globally in the latest quarter.
Full story:
Can you imagine making 39% more money than you made last quarter, or this time last year? Must be nice... I know some of this info came out earlier this week, but here are the nuts & bolts...
By YURI KAGEYAMA, AP Business Writer
1 hour, 45 minutes ago
TOKYO - Toyota reported a 39 percent jump in profit in its fiscal first quarter, with strong vehicle sales around the world keeping the company on a pace to possibly overtake General Motors as the world's No. 1 automaker in coming years.
Toyota sold 2.09 million vehicles around the world in the latest quarter, up from 1.95 million the same period a year earlier. The automaker boosted sales especially in North America, where it sold 747,300 vehicles, up more than 16 percent from 641,200 in the first quarter of last year.
In July, Toyota for the first time beat Ford Motor Co. in U.S. vehicle market share, outselling Ford to be No. 2 after GM, although Ford's year-to-date sales are still ahead of Toyota's. General Motors continues to outsell Toyota, selling 2.4 million vehicles globally in the latest quarter.
Full story: