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Toyota Predicts Big Profits This Year
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Toyota Predicts Big Profits This Year

Business

Toyota Predicts Big Profits This Year

Toyota Predicts Big Profits This Year
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Japanese automaker Toyota on Wednesday announced its January to March profits quadrupled over last year to $1.5 billion. The company struggled with production after last year's earthquake and tsunami caused huge delays at its factories. With production back to normal, Toyota expects this to be its most profitable year since before the global financial crisis.

DAVID GREENE, HOST:

NPR's business news starts with Toyota bouncing back.

(SOUNDBITE OF MUSIC)

GREENE: The Japanese automaker Toyota announced today that their January to March profits quadrupled over last year to $1.5 billion. The company struggled with production after last year's earthquake and tsunami caused huge delays at its factories. With production back to normal, Toyota expects this to be its most profitable year since before the global financial crisis.

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