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Toyota execs say after record profit year, a slower one could follow


It’s always hard to satisfy the very motivated Japanese executives – as is the case with Toyota, with its executives are now cautioning the growth could decrease. While for the recently concluded fiscal year Toyota – the world’s biggest automaker – is ready to announce a record increase in its operating profit – with at least a $10 billion jump, the ...
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More profit articles

GM’s European Unit Opel Might Break Even Before the 2016 Target
It seems that Opel, GM's European unit, might break even before its previous target date, which is 2016. Opel might take advantage of GM's fallout from the massive recall which is ...
Opel halved loses per car according to study
A study conducted by the Center for Automotive Research (CAR) at the University of Duisburg-Essen recently concluded that although GM’s European unit still loses money on each vehicle built – ...
PSA Peugeot Citroen Presents Profit Goal for Recovery Plan
French automaker PSA Peugeot Citroen relies on its new recovery plan to reach a 2% operating margin in the automotive division in 2018. Chief Executive Carlos Tavares said that the recovery ...
Pininfarina Expects Profit Return in 2014
Pininfarina, the well-known Italian automotive design company, said that it expects to report increased operating profit in 2014 after a loss last year to 3.3 million euro from 8.3 million ...
Volvo Cars reports robust profit for 2013
Geely-owned Volvo Car Group, on Friday said the company returned to a solid profit in 2013 – after the automaker has cut jobs and posted strong sales. The Gothenburg-based automaker said ...
Bentley announce record profit for 2013, plans 50 percent boost by 2018
Bentley Motors Ltd., Volkswagen AG’s U.K. luxury unit, on Wednesday announced record profit of 167.7 million euros (£139.7) up 66.9 percent compared to 2012, its strongest ever performance. Turnover grew by ...
BMW Relies On New Models to Significantly Increase Profit This Year
German automaker BMW expects significant profit this year as demand for its 4-Series Gran Coupe continues to increase. The world's biggest luxury automaker said that pretax profit in 2014 will surpass ...
Porsche expects profit to match the record one in 2013
The premium sports car maker, a division of the Volkswagen Group, said technology and model introduction costs would limit the growth of its profit in 2014, even if sales continue ...
Fiat Chrysler Automobiles CEO says profit to rise in first quarter
Sergio Marchionne, the proud CEO of the finally reunited Fiat SpA and Chrysler Group LLC says the new company’s profit is set to rise thanks to increased demand for the ...

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