Toyota Expects Record Profit – Wall Street Journal

Posted: Wednesday, November 05, 2014

TOKYO—Toyota Motor Corp. said it expected record profits in the current fiscal year, buoyed by a weaker yen and a model lineup that is steaming ahead in the U.S.

The world’s biggest auto maker by vehicle sales turned in another blockbuster quarter powered by sales of its profitable sport-utility vehicles in the U.S. Toyota’s July-September net profit rose 23% to ¥539 billion yen ($4.7 billion) from the same period a year ago, beating…

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