Toyota Reports Profit Increase in Third Quarter 05

**Tideland Prius** · 11-05-2005, 03:17 AM

TOKYO November 4, 2005; Yuri Kageyama writing for the AP reported that Toyota Motor Corp.'s profit rose 2 percent in the July-September quarter, lifted by growing sales around the world -- in sharp contrast with the dismal results at U.S. counterparts General Motors and Ford.

Japan's No. 1 automaker on Friday reported its group net profit for the fiscal second quarter rose to 303.7 billion yen, or $2.6 billion, from 297.4 billion yen the same period a year ago.

Sales for the quarter rose 9 percent to 4.97 trillion yen, $42 billion, from 4.5 trillion yen.

The results put Toyota on pace to set a record net profit for the full fiscal year through March 2006 for the fourth straight year.

Toyota, the maker of the best-selling Camry compact and Prius gas-and-electric hybrid cars, does not give consolidated forecasts, but it said Friday it expected to sell 8.03 million vehicles for the current fiscal year, up 60,000 vehicles from its August forecast, and above the 7.4 million vehicles sold the previous year.

Full Article

Detroit-based GM lost more than $3 billion in the first nine months of this year. Ford, based in Dearborn, Michigan, reported a third-quarter loss of $284 million.

ouch?

**TonyPSchaefer** · 11-05-2005, 12:28 PM

One can not gain without another sacrificing.

When one company puts up record gains and another in the same market puts up huge losses it sounds a whole lot like consumers literally running away from one and to the other.

Remeber this?:
"The Employee Discount incentives have been so successful that we have extended them for another month. . ."

11-05-2005, 03:17 AM	#1
Tideland Prius Moderator of the North Join Date: Oct 2004 Location: Canada Posts: 21,205 My Car: 2010 Prius Model: N/A Package: Technology Package (Canada) Thanks: 370 Thanked 529 Times in 356 Posts Friends: 26	TOKYO November 4, 2005; Yuri Kageyama writing for the AP reported that Toyota Motor Corp.'s profit rose 2 percent in the July-September quarter, lifted by growing sales around the world -- in sharp contrast with the dismal results at U.S. counterparts General Motors and Ford. Japan's No. 1 automaker on Friday reported its group net profit for the fiscal second quarter rose to 303.7 billion yen, or $2.6 billion, from 297.4 billion yen the same period a year ago. Sales for the quarter rose 9 percent to 4.97 trillion yen, $42 billion, from 4.5 trillion yen. The results put Toyota on pace to set a record net profit for the full fiscal year through March 2006 for the fourth straight year. Toyota, the maker of the best-selling Camry compact and Prius gas-and-electric hybrid cars, does not give consolidated forecasts, but it said Friday it expected to sell 8.03 million vehicles for the current fiscal year, up 60,000 vehicles from its August forecast, and above the 7.4 million vehicles sold the previous year. Full Article Detroit-based GM lost more than $3 billion in the first nine months of this year. Ford, based in Dearborn, Michigan, reported a third-quarter loss of $284 million. ouch? __________________ 2005 Tideland Pearl Premium Package 25/10/04 VVT-i Emblem, Sport Pedals, All-Weather Mats, Cargo Mat, Cargo Net, Wheel Locks, EV Mod, JDM Prius Footwell Lighting, DICE iPod Kit, LED lights 2008 Deep Black smart fortwo passion coupé - sold (6.1L/100km) 2010 Blue Ribbon Metallic Technology Package 29/08/09 All-Weather Mats, Homemade Console Pads, LED lights, Illum. Scuff Plates, Cargo Net, Wheel Locks "Ask an Expert" on Facebook I am not employed by Toyota, and the opinions expressed by me as a Prius Expert are not those of Toyota.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Toyota Reports 11 Percent Jump in Profit	cwerdna	Other Cars	5	12-27-2007 11:18 AM
Exxon Mobil reports $39.5B annual profit	Beryl Octet	Fred's House of Pancakes	41	02-09-2007 02:16 AM
Toyota, Kia Increase Presence in U.S.	mehrenst	Prius and Hybrid News	0	03-14-2006 11:52 AM
Toyota, #1 in Profit and Quality, Seeks Global Sales Crown	bookrats	Prius and Hybrid News	4	10-23-2004 03:21 PM
Toyota's first-quarter profit up 32%	jkash	Prius and Hybrid News	0	08-03-2004 08:12 AM

11-05-2005, 12:28 PM	#2
TonyPSchaefer Your Friendly Moderator Join Date: May 2004 Location: Far-North Chicagoland Posts: 11,218 My Car: 2004 Prius Model: Package: #9 Thanks: 58 Thanked 313 Times in 196 Posts Friends: 27	One can not gain without another sacrificing. When one company puts up record gains and another in the same market puts up huge losses it sounds a whole lot like consumers literally running away from one and to the other. Remeber this?: "The Employee Discount incentives have been so successful that we have extended them for another month. . ."