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Tag Archives: toyota motor
Toyota Makes $3.2 Billion Because of Sales Increases, Cost Cutting
Toyota Motor Corporation in Japan this morning reported Q2 Japanese fiscal year revenues of ¥5.4 trillion ($68.4 billion *), up 18.2% and operating income of ¥340 billion ($4.3 billion) vs. ¥75.4 million last year. Net income was up 220% to ¥257.9 billion yen ($3.2 billion). As a result, Toyota increased the dividend on its stock to ¥30 per share, Continue reading
Posted in auto news, financial results
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, toyota earnings, toyota motor
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Ford Cuts Summer Shutdown in North America as Lack of Capacity is Hurting Sales and Share in Recovering Market
Ford Motor’s U.S. sales decreased 5% in April to 179,660 vehicles in a market that was up 2.3%, in part because its plants were running flat out. Ford is now facing a strong challenge from Number Three Toyota Motor Sales, which reported April sales of 178,044, up 12% y-o-y. Year-to-date, Toyota Motor trails Ford Motor by 52,000 cars and light trucks, a gap that decreases each month. Continue reading
Posted in auto news, manufacturing
Tagged auto informed, autoinformed.com, automotive news, ford motor, Ken Zino, summer shutdown, toyota motor, uaw
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Toyota March Production Drops 31% Globally, 62% in Japan
Toyota Motor Corporation (TMC) said that production at its Japanese and overseas factories dropped 31% in March, the month of the devastating Japan earthquake and tsunami. In Japan the impact was far worse as production dropped 62% for the month. … Continue reading
