Current location:Worldly Wisdom news portal > world
Toyota racks up booming profit, vows to invest to keep growth going
Worldly Wisdom news portal2024-05-08 23:45:07【world】3People have gathered around
IntroductionTOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicle
TOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker.
Toyota Motor Corp.'s annual profit totaled 4.9 trillion yen ($31.9 billion), up from 2.45 trillion yen the year before, while its sales jumped 21% to 45 trillion yen ($290 billion), the company said Wednesday.
The results exceeded Toyota’s own projection for a 4.5 trillion yen ($29 billion) profit, as its global sales surged to 9.4 million vehicles from 8.8 million vehicles in the previous fiscal year.
Sales of hybrids performed well, although Toyota stressed it was working hard to offer various kinds of electric vehicles, including battery EVs, plug-ins and fuel cell models.
A weak yen worked as a big plus for Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models. The U.S. dollar cost an average of 145 Japanese yen during the last fiscal year, up from 135 yen in the year before, according to Toyota.
Address of this article:http://gloriosoislands.mybodyonelife.com/news-59b799184.html
Very good!(27)
Related articles
- Gallen throws 6 shutout innings, Carroll drives in 5 as Diamondbacks beat listless Reds 6
- Tommy Robinson is cleared of breaching dispersal order at march against anti
- 11 inmates face charges related to uprising at South Dakota prison
- 11 inmates face charges related to uprising at South Dakota prison
- Bad Bunny's big reveal! Co
- Police find body of missing Maine man believed killed after a search that took nearly a year
- Chicago woman convicted of killing, dismembering landlord, hiding some remains in freezer
- Man sentenced to 6 years in prison for attacking police with pole at Capitol
- Nets edge Raptors to snap six
- Man sentenced to 6 years in prison for attacking police with pole at Capitol
Popular articles
Recommended
Lizzo has all eyes on her in puzzling 'vase dress' with bowl
Phish fans are famously dedicated. What happens when they enter the Sphere?
Prince Louis birthday portrait taken by Kate Middleton is released on day he turns 6
Novartis, Danaher rise; Nucor, Cadence Design Systems fall, Tuesday, 4/23/2024
Met Gala 2024: Rebecca Hall embraces Garden of Time theme with semi
America's best airlines ranked
Novartis, Danaher rise; Nucor, Cadence Design Systems fall, Tuesday, 4/23/2024
Tesla's first
Links
- Tennessee schools would have to out transgender students to parents under bill heading to governor
- Decades after a US butterfly species vanished, a close relative is released to fill gap
- Inaugural Golden Panda Awards aims to boost global cultural exchanges
- Las Vegas lawyer and wife killed amid custody fight for children from prior marriage, family says
- Raiders pass rusher Maxx Crosby says he has recovered from a knee injury that limited practice time
- NASA seeks faster, cheaper way to bring Mars samples to Earth
- Raiders pass rusher Maxx Crosby says he has recovered from a knee injury that limited practice time
- IAEA warns that attacks on a nuclear plant in Russian
- Chicago White Sox activate slugger Eloy Jiménez from the 10
- Marlins' Jake Burger placed on injured list with left intercostal muscle strain