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Toyota posts 1% profit gain in 2Q on healthy global sales

Auto Blog News Feed - Thu, 11/07/2019 - 13:42

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Japan's top automaker Toyota said Thursday its net profit edged 1% higher in July-September as vehicle sales grew around the world. Toyota Motor Corp.'s profit for the second fiscal quarter totaled 592 billion yen ($5.4 billion), up from 585 billion yen last year. Toyota, which makes the Prius hybrid, Corolla subcompact and Lexus luxury models, stuck to its net profit forecast for the fiscal year through March 2020, at 2.15 trillion yen ($20 billion).

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Toyota posts 1% profit gain in 2Q on healthy global sales originally appeared on Autoblog on Thu, 7 Nov 2019 08:42:00 EST. Please see our terms for use of feeds.

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