Toyota Motor Corp. has gotten high quarterly profit
Owing to increasing of Toyota cars in the United States the Japanese automaker’s profit grew up by 94 percent to 5.5 billion dollars.
From January to July this year the Toyota selling went up 8 percent in the U.S.A. in comparison with the same time last year –it is 1.3 million cars. The July sales increased by 17 percent to 193.394 vehicles owing to the Japanese brand’s bestseller a Camry model.
The United States is the largest auto market of the Toyota brand where the Japanese auto manufacturer sells about one fourth of its cars comparatively its selling in the world.
The increasing of the Toyota profit depends of weakening the yen that makes export better and easier. This year the yen was reduced by about 13 percent against the dollar.
Finance News - Toyota Motor Corp, Lancz, Barack Obama
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