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.
