Thursday, June 9, 2011

Toyota will achieve an operating profit despite criticism



 
Said Nikkei business newspaper said on Sunday that are likely to check Toyota Motor Corp. Japanese automobile industry around 100 billion yen ($ 1.1 billion) operating profit in the period from April to June thanks to higher sales and robust recovery of the losses last year.But she added that it is likely to keep Toyota, which suffered a loss of 194.8 billion yen in the same period of last year's annual profit forecast unchanged because of uncertainty about the economies of Europe and the United States. The newspaper did not give any source.Toyota is facing the biggest carmaker in the world difficulties since last September because of the crisis on safety and equipment resulted in the recall of more than 10 million cars in the world.The damaged Toyota and rival Honda Motor Co. also because of the strikes in the past few months in Massanahma for automotive components in China. And froze the production companies in China, to varying degrees due to lack of supplies due to strikes.But strong sales helped in emerging economies or those resource-rich countries such as the Middle East Toyota to overcome the negative factors, including the high value of the yen.The Nikkei said Toyota, which compete with major international companies such as General Motors and Ford also saw strong sales of the Prius hybrid-engine in Japan.She added that the Nikkei Group, which includes Toyota Motor and Hino companies Diatsu Motor sold in the three months to June from 1.8 and 1.9 million vehicles, up about 30 percent from last year. Toyota sales rose also in North America after that call affected large numbers of cars.The newspaper added that despite this, sales of Toyota could lose some momentum later this year with the end of the Japanese government support program for the purchase of cars in September. There was no immediate comment from officials of the Toyota.Toyota expects operating profit of 280 billion yen in the current fiscal year to March, up nearly 90% from the previous year.

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