Sales surge globally in Toyota’s (TM) first half
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Toyota (TM) trades up following strong 1Q operating results
August 1, 2023 8:17 AM EDTToyota Motor (NYSE: TM) is up 1.83% in pre-market trading Tuesday morning after releasing its 1Q earnings report. The Japanese auto maker's operating profit in the first quarter almost doubled to JPY 1.1TN, marking a significant 94% year-on-year growth. This impressive performance was attributed to higher sales and productivity, as well as the favorable impact of a weaker yen.
"Sales volumes across all... More
Toyota's global sales rise 5.1% to 4.9 million in first half of 2023
July 28, 2023 12:50 AM EDTTOKYO (Reuters) -Japanese automaker Toyota Motor said on Friday it sold 5.1% more vehicles in the first half of 2023 compared with the same period a year earlier, helped by an easing of semiconductor supply constraints and especially stronger demand in Japan.
The company sold some 4.9 million vehicles globally in the six months through June, including of its... More
