Current location:Universal Unfoldings news portal > travel
Toyota racks up booming profit, vows to invest to keep growth going
Universal Unfoldings news portal2024-05-09 01:36:34【travel】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://puertorico.arandomquote.com/content-93a199716.html
Very good!(387)
Related articles
- Bad Bunny's big reveal! Co
- Pic Story of Sanitation Worker as NPC Deputy
- Boosting Rural Revitalization in Hometown
- Xinjiang Story: Uygur Dancer Blends Folk Elegance with Modern Street Beats
- Stormy Daniels: Takeaways from Trump hush money trial testimony
- 'Guardian Angels' of Wetlands
- Batik Craftswoman in N China's Hebei
- China, New Zealand pledge efforts to further strengthen relations
- Shakira puts on a busty display in ravishing red dress with billowing sleeves at 2024 Met Gala
- Feature: Guardian of Marine Species in China's Hainan
Popular articles
Recommended
Jennifer Lopez demands her 16
Peng Yan Leads Team in Developing USVs
Woman Revives Traditional Batik Craft, Helps Women Change Fates
'Mother Wu' Remains Loyal to Her Island Home
Rosie Huntington
Craftswoman Promotes Rural Vitalization by Developing Family's Tea Business
Rural Veterinarian Maintains Dual Role as Vet and Internet Celebrity in NW China's Ningxia
Pic Story of Raptor Rehabilitator in NE China
Links
- US carries out first airdrop of aid into Gaza
- Afternoon tea makes a comeback thanks to the snap
- REVEALED: The top 35 fastest
- Prince Andrew WON'T write tell
- Zendaya details intense tennis training for Challengers as co
- Now and Then co
- Shirley MacLaine, 89, lives it up sipping on a martini with her pals during Malibu lunch date
- Thierry Henry predicts Phil Foden's stunning goal in 3
- Khloe Kardashian's daughter True Thompson is 6! The child gets heart
- Father of teen stabbed to death on Apple River by knife