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Toyota's Q1 profit drops 39%
Toyota is not used to seeing its profit margins drop, as the Japanese auto giant has enjoyed increased profit for nine straight years. Expect that run to end this year, though, as Toyota is discovering that it is not immune to the downturn of the American auto market. For the year, Toyota has revised its sales forecast from 9.06 million units to an estimated 8.74 million. For the first quarter of the year that ended in June, Toyota has also announced that its operating profit took a 39% plunge from lower sales in both the United States and ... Read more →
Toyota expecting profit drop in 2008 Jeremy Korzeniewski
The current economic environment in the United States is hurting all auto makers these days, even mighty Toyota, which was once considered immune to so-called market realities. Though its overall ...
Toyota makes money in its Q2, but Tundra incentives take their toll John Neff
Whenever we talk about GM's performance in the global market, people invariably want to hear about how well Toyota is doing in the same arena. The Japanese automaker has been nipping at the General's ...
Business is booming at Toyota Stuart Waterman
Toyota Motor is scheduled to release its earnings report later this week, and the Japanese media is reporting that it will be awe-inspiring. Second quarter operating profits will be up 23 percent, to ...
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Toyota's Q1 profit drops 39% 1 year ago on Autoblog
Toyota is not used to seeing its profit margins drop, as the Japanese auto giant has enjoyed increased profit for nine straight years. Expect that run to end this year, though, as Toyota is discovering that it is not immune to the downturn of the American auto market. For the year, Toyota has ...
Toyota expecting profit drop in 2008 1 year ago on Autoblog
The current economic environment in the United States is hurting all auto makers these days, even mighty Toyota, which was once considered immune to so-called market realities. Though its overall performance last year would be considered a stellar achievement for any other automaker, Toyota's 28% ...
Toyota makes money in its Q2, but Tundra incentives take their toll 2 years ago on Autoblog
Whenever we talk about GM's performance in the global market, people invariably want to hear about how well Toyota is doing in the same arena. The Japanese automaker has been nipping at the General's heels in terms of the number of units each automaker has sold globally so far this year. Earlier in ...
Business is booming at Toyota 3 years ago on Autoblog
Toyota Motor is scheduled to release its earnings report later this week, and the Japanese media is reporting that it will be awe-inspiring. Second quarter operating profits will be up 23 percent, to $4.3 billion, with sales up 10 percent to $48 billion. Recalls and sexual harassment lawsuits aside, ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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