Toyota zooms to record Y2.17 tril profit on U.S.

[Aepsilons]

Thank You, USA !


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TOKYO —

Toyota Motor Corp zoomed to a record 2.17 trillion yen profit for the fiscal year through March, up 19% from the previous year, buoyed by sales growth in the U.S. and a perk from the cheap yen.

Toyota President Akio Toyoda told reporters Friday the Japanese automaker appeared to be back on track for “sustainable growth,” although the coming year would be a critical test.

Looking ahead, the company announced it’s expecting 3.5% growth in profit to 2.25 trillion yen for the fiscal year through March 2016.

Since Toyoda, the grandson of the automaker’s founder, took the helm in 2009, Toyota has gone through hard times, getting embroiled in a massive recall scandal, mostly in the U.S.

Toyota zooms to record Y2.17 tril profit on U.S. sales, weak yen ‹ Japan Today: Japan News and Discussion

 

[Aepsilons]

@SvenSvensonov @LeveragedBuyout @Transhumanist @AMDR @Peter C @C130 @boomslang

 

[Transhumanist]

@SvenSvensonov @LeveragedBuyout @Transhumanist @AMDR @Peter C @C130 @boomslang

A strong US economy = a strong world economy. High quality products don't hurt either and Japan is the master in this regard.

 

[Beast]

A strong US economy = a strong world economy. High quality products don't hurt either and Japan is the master in this regard.

High quality is useless if you have a super high price tag which most can't afford.

Japanese strategy is always produce a decent quality but at an affordable price. That is what makes Toyota successful.

 

[LeveragedBuyout]

Thank You, USA !


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TOKYO —

Toyota Motor Corp zoomed to a record 2.17 trillion yen profit for the fiscal year through March, up 19% from the previous year, buoyed by sales growth in the U.S. and a perk from the cheap yen.

Toyota President Akio Toyoda told reporters Friday the Japanese automaker appeared to be back on track for “sustainable growth,” although the coming year would be a critical test.

Looking ahead, the company announced it’s expecting 3.5% growth in profit to 2.25 trillion yen for the fiscal year through March 2016.

Since Toyoda, the grandson of the automaker’s founder, took the helm in 2009, Toyota has gone through hard times, getting embroiled in a massive recall scandal, mostly in the U.S.

Toyota zooms to record Y2.17 tril profit on U.S. sales, weak yen ‹ Japan Today: Japan News and Discussion

So much for the significance of our "insipid trade tariffs." The US is resilient because anyone can compete and win here, as Americans are pragmatic about consumption (quality and price).

That said, you're welcome!

 

[KAL-EL]

k

High quality is useless if you have a super high price tag which most can't afford.

Japanese strategy is always produce a decent quality but at an affordable price. That is what makes Toyota successful.

Indeed.. and Toyota has been extremely successful here in the states for a very long time despite a few hiccups now and then. My personal Japanese auto preference is Nissan.

Speaking of toyota.. My father owned a Toyota MR2 back in the mid 80's. Doesn't look like much now, but I've been told it was light and swift. Not to mention popular with the ladies while cruising the mall

 

[Aepsilons]

k


Indeed.. and Toyota has been extremely successful here in the states for a very long time despite a few hiccups now and then. My personal Japanese auto preference is Nissan.

Speaking of toyota.. My father owned a Toyota MR2 back in the mid 80's. Doesn't look like much now, but I've been told it was light and swift. Not to mention popular with the ladies while cruising the mall

Niiiiiiiiiice...she's a beauty, beauty !

Red too eh?

 

[KAL-EL]

Niiiiiiiiiice...she's a beauty, beauty !

Red too eh?

It's a random photo I found on Google, but his MR2 model/paint job etc looked exactly the same as this pic. He also told me that some people 'affectionately' referred to it as a moving coffin.

 

[Aepsilons]

It's a random photo I found on Google, but his MR2 model/paint job etc looked exactly the same as this pic. He also told me that some people 'affectionately' referred to it as a moving coffin.

Hahahaha lol, the original rice rocket eh

Your dad has a great taste !

My dad was very fond of his 1992 Honda Accord LX, later he changed it for the Toyota 4Runner.

 

[Hamartia Antidote]

Thank You, USA !
Toyota Motor Corp zoomed to a record 2.17 trillion yen profit for the fiscal year through March, up 19% from the previous year, buoyed by sales growth in the U.S. and a perk from the cheap yen.Discussion

I'm guessing it is due to Lexus and RAV4 sales. I see more of them on the road.

Yep RAV4 up

Toyota dominating car sales with the top 2 (Honda slightly behind them) even though Camry sales down... but Corolla seems to have popped to #2 as Honda seems to be taking a hit for some reason.