New Year and New Toyota!

The good news for Toyota is that profits are back and last year is in the rear-view mirror. People are actually looking for things like a Toyota Tacoma for sale. But, the competition is more fierce than ever before and not just in North America but around the world as well. Toyota can’t bank on reliability alone to sell cars and trucks as the gap is tight with their rivals. It appears they got the memo and are starting to produce some better looking vehicles which should help the bottom line even more.

TOKYO — Toyota Motor Corp. predicts surging North American sales will deliver its highest profit in five years, as the carmaker rapidly rebounds from last year’s natural disasters.

North American sales are seen climbing 25 percent to 2.35 million vehicles in the current fiscal year ending March 31, 2013.

Sales in Toyota’s second-biggest market slid 7.8 percent to 1.87 million units in the just-ended fiscal year, as an earthquake in Japan and flooding in Thailand crimped supply. But North America remained one of the company’s more profitable regions despite the decline and is poised for growth.

Revived North American sales will power Toyota to near record global sales of 8.7 million vehicles this fiscal year, Japan’s largest carmaker said today in its annual earnings presentation.

Toyota’s worldwide sales peaked at 8.91 million vehicles, on a fiscal year basis, in the 12 months ended March 31, 2008.

Read the full article.

  

Related Posts

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>