Summary
Toyota reported a 39 percent jump in profit in its fiscal first quarter, with strong vehicle sales around the world keeping the company on a pace to possibly overtake General Motors as the world's No. 1 automaker in coming years.
Toyota's reputation for fuel-efficient cars was proving a boon at a time when drivers are balking at soaring gas prices, analysts said. Toyota Motor Corp., the world's second biggest automaker, is among a clutch of Japanese vehicle companies reporting robust results lately in contrast to the plight of the U.S. automakers.See the full content of this document
Extract
Toyota First Quarter Profit Up 39 Percent
"Everything is going well for Toyota, especially in North American sales...
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