Toyota has returned to profit, making around £810 million in the first quarter of 2010.
The profit - which compares to a £5.6 billion loss in the same period last year - comes despite the company being dogged by safety recalls this year. Toyota's overall profit for the financial year was £1.5bn.
However, Toyota confirmed that global sales were down by 4 per cent year-on-year at 7.24 million units. It has forecast this will increase to 7.29 million vehicles this year.
Toyota's president, Akio Toyoda, said: "There's no change in the fact that we are in stormy waters, but now I feel that even in the storm, we can see a ray of sunlight in the distance."
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Re: Toyota back in profit
Yeah, but whit a Subaru engine that's not really a Toyota. It's one thing to let Yamaha evolve something that is based on a Toyota design, but this is basically a Subaru engine. I miss the 2010 sucessor to the 3S-GE/GTE and the 2JZ-GTE
Re: Toyota back in profit
Or a V6. I honestly don't understand Toyota's marketing strategy in Europe. In Japan, there is something called the Blade, which is nothing more than an upscale Auris, that comes with a 3.5 litre V6. In Europe, the most powerful engine is a 2.2 I4 turbo diesel. Ok, there is the Lexus IS250, but even that only comes with a 2.5 litre V6 in Europe unless you wanna go for the much more expensive and overenginered IS-F. All the other markets get the IS350 option, which is actually pretty fast.
Re: Toyota back in profit
Definately a turbo for the petrols,then you have reliability and power.a bit of style to complete the package