Toyota Posts Higher Profit, Boosts Outlook
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From Associated Press
Toyota Motor Corp. reported unexpectedly strong growth in its profit for the first half of its fiscal year on thriving overseas sales and said profit, revenue and vehicle sales should beat its earlier forecasts for the full year.
Toyota said earnings rose 23% to $4.81 billion for the April-September period. Revenue in the period rose 8% to $75.4 billion. Vehicle sales increased 7.4% to 3.17 million units.
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