Toyota's global sales rise 5.1% to 4.9 million in first half of 2023
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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
Sales surge globally in Toyota’s (TM) first half
July 28, 2023 8:52 AM EDTToyota Motor (NYSE: TM) released their sales, production, and export results for the first half of 2023 on Friday, reporting 4.9 million units sold, a 5.1% increase compared with the same period last year.
During the month of June, there was a notable 10% increase in global sales, reaching 898,947 units. This growth was... More
