Weaker yen sends Toyota’s profits up 94%

A weaker yen helped push Toyota’s earnings up 94% in the latest quarter. Toyota’s profits surged 94% in its fiscal first quarter, getting a big boost from a weaker Japanese yen. Even though the company sold slightly fewer cars in the quarter compared with...

Toyota Profits Forecasted to be Triple that of GM

Toyota is expected to report $4.5 billion in profits for the quarter ended in June, which would be triple General Motors‘ announcement of $1.4 billion. GM reported last week that net income had fallen 23 percent as its European operations continue to post losses....

GM, Toyota, Honda Top July 2013 Auto Sales

In a month where not a single automaker saw a decline in sales, General Motors, Toyota, and Ford were the leaders. U.S. light-vehicle sales rose 14 percent last month while Honda, Toyota, and General Motors all saw gains of 16 percent or more in July. GM led the way...