All Entries Tagged With: "Toyota profits"
News Briefs: Toyota Profits Top GM, Ford+GM Production Changes
According to reports, Toyota is set to announce its fiscal year results soon and it is expected to be a $10 billion net income. While Toyota posts a big increase, Ford, sales growth, and GM, new models, are making changes to their plant production. All of this news is good for the economy.
Toyota's Profits will top GM soon in an earnings report. Ford and GM will change up their production this summer for different reasons.
Toyota’s Profit Plunges with Supply Shortages
Toyota recently announced a 32% plummet in third-quarter profit margin thanks largely to the March earthquake and September flooding in Thailand which has caused a significant parts shortage and corresponding production issues.
It has been slow going in Thailand thanks to historic flooding that has affected Toyota's production.
