Toyota has continued to show solid growth on the back of the popularity of its models in the US and Europe, its quarterly profits rising 9%. During January to March, when Toyota overtook GM as the world's largest carmaker in terms of volume, profits rose to $3.67bn (£1.84bn) from $3.37bn. But Toyota was cautious in its future sales outlook, forecasting a modest 0.4% rise in profits during 2007-8. Analysts said these forecasts reflected a slowdown in the US market. BBC news
I almost started a new thread about Toyota posting a $14 billion profit. http://www.detnews.com/apps/pbcs.dll/artic.../705100383/1148
