Booming North American sales and big foreign exchange gains powered surging profits at Toyota Motor Corp. in the latest quarter while propelling record full-year earnings. Operating
profit jumped 46% to 635.7 billion yen ($5.31 billion) in the carmaker’s fiscal fourth quarter ended March 31, compared with 436.1 billion yen ($3.65 billion) a year earlier, the company said
today.
Read the whole story at Automotive News »