Toyota reports improved quarterly profit despite incentives

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Old 10 May 2018, 03:46 am   #1 (permalink)
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Default Toyota reports improved quarterly profit despite incentives

Toyota Motor Corp. reported Wednesday its quarterly profit rose 21 percent as cost cuts and booming sales in some markets offset the toll from higher U.S. incentives. January-March profit at Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models, totaled 480.8 billion yen , up from 398 billion yen the same quarter the previous year.

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