Toyota's N. American revenue up but earnings slide

Aug 05, 2013 | 01:54 PM | Corinna Petry

Tags  Toyota Motor, North American operations, earnings report, capital spending, corinna petry

CHICAGO — Toyota Motor Corp. generated revenue of nearly 2.11 trillion yen ($21.4 billion) in North America in its fiscal first quarter, a 32.1-percent improvement from the same period last year.

But the Tokyo-based automaker said that North American operating earnings for the three months ended June 30 sank 29.7 percent to 82.6 billion yen ($838 million) due mainly to valuation losses on interest rate swaps stated at fair value by its sales....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results