annual earnings

Recalls Be Damned! Toyota Annual Profits Up 48 Percent

Recalls Be Damned! Toyota Annual Profits Up 48 Percent
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Despite record recalls and public humiliation over quality control scandals, Toyota announced that it expects to see a profit of $3.35 billion by the end of their fiscal year in March, a 48% increase. Toyota sales rose 24 percent in April,  as strong incentives helped Toyota move cars like the Corolla and Prius. Despite the… Continue Reading...