Toyota Nearly Doubles Profit in Quarter
From Associated Press
Toyota Motor Corp nearly doubled its earnings for the latest quarter compared with a year ago as new models drove sales higher in North America, Japan and Europe.
Profit for the fiscal period ended Dec. 31 totaled $1.8 billion, up nearly 94% from a year earlier. Sales increased 13% to $35 billion.
Toyota’s North American sales totaled $13 billion in the latest quarter, up 6% from a year earlier.
Toyota sold 533,311 vehicles here, up 16% from 461,514.
