Toyota Profits Surge, Up More Than 80%

Toyota Profits 2013

Following news that Honda’s profits are looking pretty good this year, Toyota announced its own profits were up as well. Way up. Up, as in 82.5% up thanks to a weak yen and strong US sales of its most profitable models- ranging from the mid-sized Camry to the Prius line of hot-selling hybrids.

You can read more about the soaring Toyota profits in this article, below, courtesy of AFP Tokyo’s newswire. Enjoy!

 

Toyota says H1 net profit surges 82.5%, boosts outlook (via AFP)

Toyota said Wednesday that its half-year net profit soared 82.5 percent while it raised its annual earnings forecast as a weak yen and improving sales in North America boosted its bottom line. The world’s biggest carmaker said it earned 1.0 trillion…

Photo: TopGear UK (edited).

 

Jo Borrás

I've been in the auto industry 1997, and write for a number of blogs in the IM network. You can also find me on Twitter, at my Volvo fansite, or chasing my kids around Oak Park, IL.