Toyota today its highest ever quarterly profit for the three months ended Dec. 31. The Japanese automaker posted a profit of $3.6 billion — and increase of 7.3 percent — on sales of $51.2 billion.
“Toyota’s numbers are super, super strong,” Koji Endo, auto analyst with Credit Suisse First Boston Securities in Tokyo told the Associated Press. “To be honest, it’s hard to find anything bad at this point.”
Toyota is closing on number one automaker General Motors in terms of global vehicle production. Last month, Toyota said production reached 9.018 million vehicles. GM produced 9.18 million vehicles worldwide — only 162,000 more than Toyota.
Almost two weeks ago, Ford reported its biggest yearly loss in company history — $12.7 billion, or $6.79 per share.



02/06, 10:00 AM
posted by:
protonzdead2me
Toyota is really great and all… but i dont want to live in a world where if i want to buy a car the only showrooms around are Toyota, Lexus, Scion and Daihatsu..
02/06, 10:11 AM
posted by:
Paul
Thanks for not including discontinued operations and extraordinary items in your assessment of Porsche’s, err…. Toyota’s Income Statement.
02/06, 10:34 AM
posted by:
XeroBlue
Well bully for Toyota!
02/06, 11:25 AM
posted by:
Me
Raise your hand if you’re shocked…
02/06, 12:04 PM
posted by:
Z06ified
Amazing considering the mediocrity of Toyota’s vehicles. The only thing they have to sell is perceived quality and people eat it up. I guess people really love boring vehicles.
I would rather buy from a bankrupt company that builds exciting vehicles than from a financially healthy Toyota who builds 4-wheeled appliances.
02/06, 12:24 PM
posted by:
F451
A healthy perception is one of the best asset that a company can have, it huddles over mountains and is able to leap tall building (in this case the GM towers). But let’s get real, Toyota has earned its way to the top through building a strong foundation, and baby-stepping to this point in their evolution. Now, they can pull out the big guns—and will. Customers are buying less and less from GM, Ford, and Chrysler, partly because they do not know if they will be around, and have legitimate concerns about warranty, service, and resale value. As a customer you do not get a warm-and-fuzzy feeling when you take you vehicle in for service, and the service department personal is wondering whether they will have a job. I would not want to work for GM, Ford, or Chrysler these days…those days might be numbered.
02/06, 1:41 PM
posted by:
wetstuff
Soooo Solly. We humbly apologize for embrassing the puffy-chested idiots that backslap themselves at the Detroit Yacht Club for ‘Job well Parachuted’ while we just make cars people want ..at a profit. Duh?!
02/06, 2:29 PM
posted by:
A4
i agree with Z06ified 110%, toyota blows asswater, and theres so many better options out there in that market. Particularly Nissan and GM’s latest models.
02/06, 3:46 PM
posted by:
bun_a_gm
TOYOTA>GM.
02/06, 4:23 PM
posted by:
anderson_b76
LamborghiniZ…first of all…Consumer Reports does the worst job rating autos…anyone who knows anything about cars, knows not to read Consumer Reports for a review. Second, the most reliable car last year was Porsche, then Honda, then Toyota…from Car & Driver. Third, Toyota doesn’t make the highest quality products, maybe one of the most reliable, but not the highest quality. You can’t compare the fit and finish of a Toyota or Lexus with a high-end Mercedes. Lexus LS versus a Mercedes S…doesn’t stand a chance, so therefore your argument of the highest quality products is debunked. Now, do yourself and everyone else a favor…STOP BEGGING YOUR DADDY TO LET YOU DRIVE HIS OLD MAN’S LAZY ASS LEXUS!!!
02/06, 6:10 PM
posted by:
LamborghiniZ
andersonb76: My father actually drives a BMW 3-series, so stick that up your ass you dumb ****.
Also, Consumer Reports isn’t the best for rating how well cars drive, but they do know how to rate reliability, they do so through thousands of repair records sent in through readers, etc, that’s not bull****, I dont necessarily agree with how they rate how a car drives, but they’re reliability info comes straight from the drivers.
The interior of the LS460 actually does stand a chance with a high end Mercedes, Lexus is notorious for having gorgeous, beautifully crafted interiors.
I never once compared a Toyota to a high end Mercedes, why would I do that, they’re not even remotely comparable, I’m not quite sure why you acted like I made that comparison, because I didn’t.
02/06, 6:12 PM
posted by:
LamborghiniZ
Oh, and just for clarifications sake, he drives a 2004 Prius and a 2006 3-Series, so yes, he does have one “lazy ass car”, but the other sure isn’t. Anybody who knows anything about not being a dumbass knows not to act like they know anonymous people on car forums.
02/06, 7:42 PM
posted by:
1c3d0g
Toy Ota did improve their quality in the ’90’s (which is going downhill ATM), but they’re nowhere near as bulletproof as some claim they are (and no, they’re NOT “the best”). The domestics have also increased their quality tremendously over the past few years, so the battle is far from over.
02/06, 8:00 PM
posted by:
Elvio
The question we should ask is….Now they are making a lot of money…and what will they do for us with those money?
02/06, 9:26 PM
posted by:
dodge12
bye bye ford from top 3
02/06, 9:57 PM
posted by:
Phil
A lot of Toyota-hating trolls on this board.
02/06, 10:30 PM
posted by:
Kiwiguy
does anyone know where ‘gmnunumberone4ever’ is these days? gone very quiet of late.
02/06, 11:57 PM
posted by:
kosai03
I would honestly have to say that Toyota isn’t all that special when it comes to interior quality and such.
They do make reliable cars, but they pretty much lack a soul.
02/07, 12:23 AM
posted by:
Warz
First of all, you guys can go ahead and talk **** about toyota, but you know that its the best. Why else would it be making profit? Ford has lost 12bil dollars because of its stupid design and ugly ness of its interior. I mean omg I expect a lot more out of a 50k interior. Same with dodge, ugly as hell interior for a 80k car, and please don’t make your interior look like a dam truck. Flame all you want at toyota. Its the best for a reason. Don’t post stupid things putting down toyota.
02/07, 12:24 AM
posted by:
Warz
One more thing toyota sedan interior looks way better then some stupid corvet interior.
02/07, 1:02 AM
posted by:
Paul
Forget who has a more aesthetically appealing interior (to you) and recognize that Toyota pays higher wages (to avoid unionization among workers) and is more profittable than any domestic. You can flame this and say that Toyota’s are inferior in quality, but if they were in fact that bad – no one would buy them. Give credit where credit’s due.
02/07, 4:39 AM
posted by:
mb4evaslr
fyi lammbo z toyota/lexus recalled more cars and trucks on the road and put up more service bulletins than any other auto manufacturer on the market. sad part is most of those two in particular were for brand new cars being the avalon and the camry/es350. so to answer your question yes they do have perceived quality and only perceived quality because any intelligent person knows that in actuallity many gms rate higher as well as nissan and honda products. as to the comment about quality in a lexus over mercedes. it goes to **** because true the lexus may have small gaps and the materials are generally well, they are hard, plastic, and with the exception of 5 pieces of wood lifted from a toyota sibling and that includes your beloved which doesnt even touch a s550, let alone a bmw 7, audi a8. as for reliability in this category dont trust what you read dweeb. if reliability of merc, bmw, and audi were so notoriously bad, they wouldn’t have the strongest loyalty rates in the industry and the higher than ever sales records year after year. the reliability claim was on old lexus models that were not technologically advanced as they are today and the reliability claim stuck today although its untrue as evidenced by the ever so hush hush bad news that continuously poors out of toyota. in reality if people opened there eyes most of the cars in the comparable categories to each toyota/lexus model are much better for a better price. and lastly i just want to know why your code is lambo z because everytime i read your damn post all it says is yay toyota i have no taste im apparently broke because i support toyota i have no driving experience i quote consumer reports (ha ha). Dude you dont even support VW, audi or lambo. so get a life or better yet a brain and use the few brain cells to actually do some research on cars moron
02/07, 12:21 PM
posted by:
anderson_b76
Watch out everyone…Lamborghini is talking about his Daddy’s big bad BMW 3-series…lol!
02/07, 12:29 PM
posted by:
anderson_b76
Lamborghini…stop locking yourself in your bedroom at your Daddy’s house popping zits, surfing Internet porn, and dreaming of cars you will never own!
02/07, 3:48 PM
posted by:
anderson_b76
Lamborghini…go read the last post under the Prius article…that’s all I’m going to say. Now go back to wacking off and popping your zits.
02/07, 6:03 PM
posted by:
norby413
Whether or not Toyota deserves its quality reputation or not is irrelevant. The fact is that people believe it, which means they WON the marketing war.
But an undeniable FACT is that Toyata owns the resale crown, period!
If you want to be buried in your new car till you have 3 payments left, buy American.
If you want a car that you can trade in and have some credit, buy a Toyota. (or Honda).
Giving away massive incentives might temporarily move iron, but it devalues the existing owners and makes it impossible for them to buy again without huge down payment.
The Big 3’s strategy over the last decade is a proven failure. Talking **** about the winner doesn’t change that fact.
02/07, 8:11 PM
posted by:
LamborghiniZ
Anderson: look at you, you’re trying to insult someone you have no knowledge about on a random car website, you look like a douchebag man, you come across as a total tool, go back to thinking that making uninformed insults makes you look cool, cause thats all you’re about, trying to come across as witty on a site where noone gives 2 ****s about you
02/08, 9:01 PM
posted by:
tarmyjervis
I’m with you lambo. There is a reason that Toyotas are known as the most reliable vehicles in the world. These people reporting to consumer reports of the reliability of their cars aren’t misrepresenting themselves. There is a reason that the Hilux and land cruiser are world renowned for being “bulletproof.” They didn’t get there by being average. I do agree that many toyotas lack soul, but when I take my land cruiser or toyota pickup offroad and beat the piss out of and it eats up the punishment, I realize what they are all about. If you read Peterson’s Off-road, you’ll see they understand too. (paraphrase)”None of our test vehicles seem to share our idea of what a good time is. All the vehicles we test come back with bruises and in need of repair. All expcept the Toyotas. We pound on these things, and they politely ask for more.”
Oh and as for you american car guys. Don’t worry, there are some of your cars on the list of CR recommended cars. The pontiac vibe, ford fusion/milan/mk what ever. Oh wait, those are just rebadged japanese cars.