Toyota Profits Soar for the Sixth Year in a Row
Wednesday, May 10th, 2006
Toyota reported that at the end of the 2005 fiscal year they had increased their sales income 18 percent from 2004, totaling 51.6 billion dollars. Even more promising for the Japanese automaker was that in the final quarter of fiscal year of 2005, January to March 2006, sales increased 39 percent over last year. Toyota reported that sales increased in every one of their regions except for Japan, where car sales have stagnated in the past year. They continue to take market share from domestic makers Ford and GM with the Toyota promise of reliable fuel efficient vehicles.