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Toyota Announces Earnings
Friday, August 3, 10:19 AM ET

Toyota (NYSE:TM) announced that profit in the April to June quarter were 290.3 billion yen, or $3.7 billion. Sales increased by 60 percent to 5.5 trillion yen, or $70.5 billion. Quarterly vehicle sales were nearly double to 2.3 million vehicles, as sales rose globally.

Shares are higher in early trading.

Yesterday, American rival General Motors (NYSE:GM) announced that earnings fell sharply due to "headwinds" in Europe, though still beat estimates.

For MarketNewsVideo.com, I'm Sayoko Murase.

Toyota Announces Earnings picture
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Toyota Announces Earnings | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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