Lexus

Toyota Q1 net profit soars to $9.1 billion

Japan's Toyota said yesterday that net profit in its first quarter surged 78 percent as global production rebounded after severe supply disruptions a year ago.

The world's biggest automaker by sales said net profit in the three months to June was 1.31 trillion yen ($9.1 billion) on sales of 10.55 trillion yen, up 24.2 percent from a year ago.

Toyota to replace Toyoda as CEO

Toyota named Koji Sato president and CEO on Jan. 26, in a surprise reshuffle that sees third-generation chief executive Akio Toyoda step aside to become board chairman of the world's top-selling automaker.

The Japanese automaker said Sato, 53, would also become operating officer when the changes to its executive structure take effect on April 1.

Toyota profit down as chips shortage keeps customers waiting

Toyota's profit fell nearly 18 percent in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan's top automaker.

Toyota Motor Corp. reported yesterday a quarterly profit of 736.8 billion yen ($5.5 billion), down from 897.8 billion yen the previous year.

Roughly 30k vehicles registered in first half of July, of which 6,755 new cars

Roughly 30,000 vehicles were registered in Romania in the first half of July, of which 20,461 units in the "used" category, according to the recently published data of the Driving Permits and Vehicle Registration Regime Directorate (DRPCIV). According to the official statistics, in the analyzed interval, out of the total of the 9,291 new vehicles registered, 6,755 are cars.

The best of NAIAS 2016

Detroit's world famous North American International Auto Show (NAIAS) opened to the public last week for the 27th time. Daily Hürriyet picked the best of the show, which runs through Jan. 24.

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Lexus LC 500

Toyota at top in global vehicle sales again

Toyota remained the top automaker in global vehicle sales after the first nine months of this year, selling nearly 7.5 million vehicles, outpacing rivals General Motors and Volkswagen.

Toyota Motor Corp.'s global sales for the first three quarters totaled 7.498 million vehicles, down 1.5 percent from the same period the previous year, according to numbers released on Oct. 26.

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