Tag Archives: tmc

TMC Posts Revenues of $265 Billion for Fiscal Year

Region by region Toyota is experiencing the effects of a slowdown in the global automotive economy along with an ongoing increase in competition. As a result, volume is down slightly, but operating income is up. Continue reading

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Strong Yen Hurts Toyota Motor Profits as Sales Rise

Nevertheless, TMC’s Board of Directors agreed to pay 100 yen per share as the interim dividend on common shares, and have also resolved to buy back up to 200 billion yen, or 40 million shares, of the company’s common stock. Continue reading

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Toyota Motor Posts Huge Gains in Income and Profits

Toyota Motor Corporation today said it had net income of ¥1 trillion for the six-month period ending 30 September 2013. The huge increase from ¥548.2 billion in the same period the year earlier came with flat sales but TMC, the largest automaker in Japan and the world, benefited enormously from the manipulation of the yen by the Japanese government to keep it artificially weak. Continue reading

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Aftershocks – Toyota Revenues Drop 10%, Profits Down 57.5%

Major factors contributing to the decrease include the negative effects of marketing activities and incentives of ¥120 billion, as well as currency fluctuations of ¥200 billion, both breathtaking demonstrations of leverage effects in the automobile business. Continue reading

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Toyota Adds Wrong-Way Driving Alert to Navigation Systems

In theory there is no reason why Japan’s largest automaker could not expand the use of the wrong-way driving alert to the U.S. and other large markets, where Toyota is struggling with a damaged safety reputation from stuck gas pedals and unintended acceleration recalls. Continue reading

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Toyota to Increase North American Production in June

Toyota Motor Engineering & Manufacturing North America (TEMA) said it will increase production this June to about 70% of normal levels, up from 30% in May as a result of parts shortages caused by the Japan earthquake.

Models returning to 100% production in June are Avalon, Camry, Corolla, Highlander, Matrix, Sequoia, Sienna and Venza. Continue reading

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