Results 8,081 to 8,090 of 15485
-
Tsikoteer
- Join Date
- Mar 2008
- Posts
- 54,249
February 7th, 2014 03:08 AM #8081
-
February 7th, 2014 08:09 AM #8082
Kaya malaki ang profit ng Toyota....
Kalahati pala ng tubo last Q,- galing sa forex...
http://www.autonews.com/article/2014...home-mostright
TOKYO -- Toyota Motor Corp. reported a fivefold increase in net income for the October-December quarter as huge foreign exchange windfalls powered profits higher.
Net income increased to 525.4 billion yen ($4.99 billion) in the company's fiscal third quarter ended Dec. 31 from 99.9 billion yen ($949.4 million) a year earlier.
Global revenue grew 24 percent to 6.585 trillion yen ($62.58 billion) in the three months, as vehicle sales increased 10 percent to 2.317 million units, the company said today.
The yen's tumbling value against foreign currencies, including the U.S. dollar, ramped up earnings in the period. A weaker yen increases the yen value of overseas earnings when repatriated to Japan and makes Japanese exports more competitive internationally.
Toyota booked a foreign exchange gain of 260.0 billion yen ($2.47 billion) in the period. The yen lost about 23 percent of its value against the dollar over the past year, Toyota said.
Big sales gains in North America and Japan also buttressed Toyota's global expansion.
Toyota kept its title as the world's biggest automaker in 2013 by selling a record 9.98 million vehicles and has already surpassed pre-financial crisis sales levels. Analysts estimate Toyota earned about as much profit in 2013 as General Motors Co. and Volkswagen Group combined.
Higher earnings outlook
In announcing fiscal third-quarter results today, the company lifted its earnings outlook to target record profits too. The higher goal underscores Toyota's full comeback from a string of tough years marred by the company's first operating loss in seven decades, a worldwide unintentional acceleration recall crisis and the 2011 killer earthquake-tsunami in Japan.
In the current fiscal year ending March 31, Toyota now targets record net income of 1.9 trillion yen ($18.06 billion), from a previous outlook of 1.67 trillion yen ($15.87 billion). That compares with Toyota's record full-year net income of 1.718 trillion yen ($16.33 billion) in the fiscal year ended March 31, 2008, right before the economic crisis hit.
That year, the company booked record operating profit of 2.270 trillion yen ($21.57 billion) and all-time high revenue of 26.289 trillion yen ($249.85 billion).
Toyota predicts record operating profit of 2.4 trillion yen ($22.81 billion) in the current fiscal year, but the revenue forecast of 25.5 trillion ($242.35 billion) would be its second highest.
In the third quarter, Toyota's unit sales climbed 10 percent to 664,000 vehicles in North America, the carmaker's biggest market. The carmaker posted even more impressive gains at home in Japan, where sales advanced 13 percent to 540,000 vehicles.
Domestic sales rose partly on the back of Japan's improving economy and partly because of a rush to make big purchases before an April increase in the country's consumption tax.
U.S. success
U.S. sales of Toyota, Lexus and Scion models rose 7.4 percent to 2.24 million in 2013, second only to the record set in 2007 in its largest market. The Camry sedan fended off competition from the Honda Accord, Nissan Altima and Ford Fusion sedan to remain the top-selling U.S. car for a 12th consecutive year.
This year, Toyota's U.S. sales will probably increase by 100,000 units, helped by new or updated models including the Corolla, RAV4 and Tundra, Jim Lentz, head of Toyota's U.S. operations, said Jan. 12.
In North America, Toyota reaped 112.5 billion yen in operating profit last quarter, versus a loss a year earlier.
China record sales
In China, Toyota had a record year in 2013, boosting deliveries 9.2 percent to 917,500 units after it recovered from the consumer backlash triggered a year earlier by a territorial dispute between Asia's two largest economies.
Toyota is expecting sales to exceed 1.1 million units in the country this year, counting on the new Vios and Yaris sedans that are tailored for Chinese consumers to drive demand.
'Lucrative' Europe
Operating profit in Europe rose to 17.7 billion yen, from 9.25 billion yen a year earlier, amid mounting signs that the region is recovering economically.
Toyota sold about 824,000 units of vehicles in Europe in 2013, up 8 percent from a year earlier. Shipments to Europe have become more profitable after the yen fell 26 percent against the euro last year.
"At this exchange rate, Europe constitutes the most lucrative of the main Japanese export markets," Masataka Kunugimoto, an auto analyst at Nomura Holdings, wrote in a report Jan. 7. Kunugimoto expects the European auto market to edge up 0.2 percent in 2014 after having fallen for six straight years.
22.5K:mornincoffee:Last edited by CVT; February 7th, 2014 at 08:13 AM.
-
February 8th, 2014 09:58 PM #8083
Mga gurus, just a quick inquiry on our beloved Innova's, would a 19x8 offset 42 with 245/40 r19 tires fit our rig????
Many Thanks
-
Verified Tsikot Member
- Join Date
- Oct 2012
- Posts
- 43
February 9th, 2014 10:30 AM #8084innova experts question lang.
normal ba na mahina or hilaw yung lamig ngrear AC ng innova?
Innova E MT 2013 model po. TIA
-
February 9th, 2014 10:36 AM #8085
-
Tsikoteer
- Join Date
- Mar 2008
- Posts
- 54,249
February 9th, 2014 11:23 AM #8086unfortunately, due to the design, the cold air that is "generated" from the rearmost part of the car, has to cool everything else in its way, before we can enjoy the cool air coming out of the vent. and this includes the second hottest part of the car, the roof. it's a long route that passes just under that hot roof.. but hey! in heavy rain at night, that rear vent is just as cold as the driver's vent.
that is why the old revo's rear aircon is much colder.. it just sucks in the already cold air in the cabin, and cools it further..Last edited by dr. d; February 9th, 2014 at 11:34 AM.
-
Verified Tsikot Member
- Join Date
- Aug 2013
- Posts
- 475
February 9th, 2014 02:06 PM #8087mukhang sakto ito paps, currently naka 18s ako. 18x8 offset +40 wrapped with 225/45/18.
minsan kasi depende sa design ng mags, kahit nasa tamang range ng offset at wheel width sasabit pa din. the best pa din na itest fit.
ang titignan mo yung rear suspension, sa may kabitan ng rear shocks sa baba. tignan mo kung mag rub yung tires o yung wheel mismo.
kung sasabit man at trip na trip mo yung mags, pwede na 1/8 wheel spacer.
-
February 9th, 2014 03:58 PM #8088
-
February 9th, 2014 09:16 PM #8089
-
Verified Tsikot Member
- Join Date
- Oct 2012
- Posts
- 43
February 9th, 2014 10:36 PM #8090
No, but it was what sounded closest to Bill, bill. Ha ha ha!
EDSA Rehab/Rebuild and Guadalupe Bridge Repair