Toyota lifts sales target to 9.76 million vehicles
Toyota has raised its global sales plan for this year to 9.76 million vehicles, a key part of the Japanese automaker's comeback from a disaster-struck 2011.
In February, Toyota Motor Corp. had set its sales target at 9.58 million vehicles. The new plan, announced Friday, would represent a 23 percent increase over sales in the previous year.
Like other Japanese automakers, Toyota is rebounding from the sales plunge suffered from production disruptions caused by the earthquake and tsunami in northeastern Japan last year.
Also Friday, Toyota reported a stellar recovery in quarterly profit to 290.3 billion yen ($3.7 billion), up from 1.1 billion yen the year before as sales surged nearly 60 percent from a year earlier.
- Turkey Shuts Syria Border Crossing After Deadly Bombs
- London attack leaves one dead, 2 hospitalized
- Costa Concordia Shipwreck Captain To Face Manslaughter Trial
- Kerry: US, allies, ready to step up aid rebels
- Rescuers Search Oklahoma Tornado Town Ruins
- EU steps up fight against tax evasion by end 2013
- Evening News, May 21, 2013
- German central bank: Economy to improve 'markedly'
- Apple's Cook faces Senate questions on taxes
- Syria, Israel Exchange Fire On Golan Heights