Toyota reports record revenues and income for third quarter

Toyota reports record revenues and income for third quarter
Toyota today announced record net income for the first half of its fiscal year with 942.4 billion yen (or $8 billion), which is up 21.3% from the same period last year. Toyota’s fiscal year starts in April. The company also reported record revenues for the six-month period with 13.01 trillion yen ($110 billion), up 13.4% from the same period last year.

While sales in its home market fell, vehicle sales in North America totaled 1.497 million units, an increase of 33 thousand units, due to steady sales including the redesigned ...
Read Article

ShredmoShredmo - 11/7/2007 10:47:05 AM
+3 Boost
Well, the dollar hasn't dropped compared to the yen, so this is in technically favor of the weak yen in the US market, especailly compared to European produced autos. The weak dollar and yen will definately help US automakers as well as Japanese automakers in China, as well as other strong makrets.


r15mohdr15mohd - 11/7/2007 12:26:59 PM
+4 Boost
wow, just wow...

i don't know what Toyota has done to you MidEngine but all this bashing really is just baffling. they make record profits and still find some way to try and weasel it, saying it is somehow surreal.

dont blame them for capturing the market when its viable...they did so with strategics. it didnt happen overnite and they didnt bully their way thru.

american vehicles have long been sub-standard compared to what the japs/euro vehicles offered for the same, sometimes lesser, price. they recently have decided to produce something descent but still are behind.

so don't blame others...toyota has been gaining every year for how long now? did the big3 not take notice, mimic their strategics, and try to appeal to the crowd that toyota has been? is it toyota's fault they established a brand that most adhere and are satisfied with and can expect returning customers based on their satisfactions?

the big3 only have themselves to blame...Ford thinks making 30 different variations to the mustang will pull them out, or gm thinking 3 variations of the same pickup gives consumer a choice. then there is the UAW and their controlling the big3.

toyota isnt the one you should be despising...


r15mohdr15mohd - 11/7/2007 12:29:55 PM
+2 Boost
i kno it jumps off topic...but by your posts, its saying the japanese are scheming to show higher profits.

if it wasnt for the stupidity of good ol' Bush, and his policies...nothing would be here to argue of.


r15mohdr15mohd - 11/7/2007 2:16:42 PM
+2 Boost
lol...they cheat?

stop your whining!!! in all your posts, "US Dollar falls" what does that tell you? its not the fault of toyota of japan for them succeeding. matter fact, if it wasnt for japan back in the 80's-early 90's, who would of the US of borrowed the trillions of dollars from?

complain all you want...this is a business in the end. japanese maufacturers are just using the faults of the idoit commander in chief to their advantage.

an you blame toyota...priceless!!! lmao!!!


chuck717chuck717 - 11/7/2007 3:18:04 PM
+2 Boost
They cheat? Well i can tell you one thing i see a heck of a lot more Toyota'a running around then Chevy's my friend it is call capitalism and if the shoe was on the other foot as a Ameican i would be happy but guess what, GM and the other Detroit makers don't know how to make their shoes fit, they just keep cramming Camaro and the new Mustang's and a new hemi Cuda are coming, the world doesn't give a darn about these old style shoes?



r15mohdr15mohd - 11/7/2007 10:19:50 PM
+3 Boost
you're really something midengine...

you complain for the east asian countries being able to strategize and accomplish. i wonder what would happen if you owned a business under this same situation. i bet you'd turn cheeks.

like i said, dont be mad at the japanese/chinese/koreans for being good and strategic business moves. they do so, so they can profit...and in the end America has only themselves to blame because nothing they produce is on par with import counterparts.

and the japanese are SMART!!! they set the guidelines so domestic japanese vehicles are mostly purchased before imported vehicles...tell me, is that cheating or a smart move by the gov't so local manufacturers dont suffer.

you, and the other 99 followers with this same view, should study global business stategics before you label a country as powerful as Japan and China as cheaters.

toyota set out a very long time ago to be where it is, now that their number one...their all of a sudden cheaters.

you seriously need a reality check!!!


jon21jon21 - 11/7/2007 1:31:57 PM
+3 Boost
Awesome news for Toyota.


chuck717chuck717 - 11/7/2007 3:08:27 PM
+2 Boost
Nice job Toyota, meanwhile over in DETROIT with three media people in attendence GM tries to explain why they lost billions of dollars with a straight face.
Of course when a reporter ask could it be not enough people are buying your cars world wide the spokesmen with a foggy look smiles and says, i don't know this is what i'm reading to you from a prepaired statement from corporate, no mention of how many cars we are actually selling?


YenzenhoYenzenho - 11/7/2007 3:35:22 PM
+2 Boost
Toyota growth is larger then BMW and Lexus is Toyotas #1 growth. Technology of IS350 has large power over c class MB. Lexus is always the car for men and its future to come remaining #1 in world.



r15mohdr15mohd - 11/7/2007 8:21:03 PM
+3 Boost
which gives the payback,F1, lemans, or actual car sales?

you toyota bashers bring up everything that won't pertain to the topic just to try and diminish its success.

this article is record numbers from sales, not F1 or lemans or any of the other crap you may have saved on your desktop.

Toyota is a powerhouse and did so legally and within the boudaries set forth by them...DEAL WITH IT!!!


chuck717chuck717 - 11/7/2007 4:09:52 PM
+1 Boost
Mid engine you mean well you want America #1 no problem, but we are the ultimate capitailst country, if you can play a better game fine, if the public likes your product fine, and if the other countries close shop on our porducts fine, because mid enging i can assure if the world wanted the Big Three cars they would have them the problem very few in the world think the American car is the cat's meaow they just don't take to them.
Of course Americans having feedom to do what we want our people also don't like them enough or the service they get from the dealerships, what do you want don't sell cars to people in this country who want foreign makes, or make better cars the world wants i hope the latter, i just don't see Detroit doing that why i don't know really?take care


XYZZXYZZ - 11/8/2007 3:38:16 AM
+1 Boost

"...our people also don't like them enough or the service they get from the dealerships, what do you want don't sell cars to people in this country who want foreign makes, or make better cars the world wants i hope the latter, i just don't see Detroit doing that..."

gm does sell a lot of cars in china. (they'll buy ANYTHING!)

on the other hand, forget japan. forget korea. how many gm cars do you see in OTHER countries outside the western hemisphere?
detroit truly makes mostly cars suitable for america, but almost NOWHERE on the rest of the planet!

as further proof, look how well japanese cars sell in europe, africa, south asia. you don't even have to travel to see this. evidence is in your evening news, movies, documentaries, etc.



XYZZXYZZ - 11/8/2007 7:23:28 AM
+1 Boost
therefore, the "japan is a closed market" to other countries' cars is a false argument. they actually do buy a lot of german luxury cars. it just so happens they turn their noses up at DETROIT offerings.

comparing vehicles on the streets of ALL countries, it becomes obvious that toyota does a FAR BETTER JOB building cars that people LIKE, than does detroit.

toyota EARNED and DESERVES the profits they now make. whether or not the yen is "manipulated" would have only a neglible effect in the big picture.



toolatetoracetoolatetorace - 11/10/2007 3:18:58 PM
+1 Boost
that's because they are still pissed at us for kicking the shit out of them @ WWII, those feelings get passed down from generation to generation


Copyright 2026 AutoSpies.com, LLC