Business is booming at Toyota

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, the company looks set to post stellar results for the year ending in March 2007, with profits forecast to be north of $17.4 billion.

[Source: BusinessWeek, Reuters]

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