Toyota has continued to show solid growth on the back of the popularity of its models in the US and Europe, its quarterly profits rising 9%. During January to March, when Toyota overtook GM as the world's largest carmaker in terms of volume, profits rose to $3.67bn (£1.84bn) from $3.37bn.
But Toyota was cautious in its future sales outlook, forecasting a modest 0.4% rise in profits during 2007-8.

Analysts said these forecasts reflected a slowdown in the US market.

BBC news