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Ford Is Still Angry About Japan's Yen
2013-08-24 20:34:20| Automakers - Topix.net
Ford's strong new Fusion has been stealing sales from Toyota's Camry all year -- but now Toyota is in a prime position to push back, thanks to the Japanese government.
Asia Stocks Rise for Fourth Day as Japan's Topix Advances on Yen
2013-08-13 17:50:18| Automakers - Topix.net
Asian stocks rose for a fourth day, with Japanese shares gaining as the yen weakened after a report Prime Minister Shinzo Abe is considering a corporate-tax cut and data showed machinery orders beat estimates.
TOP NEWS: Toyotas Latest Profits Based on Value of the Yen
2013-08-05 09:00:39| AutomotiveDigest.com - Automotive Industry News
Toyota is credited with pulling off a huge sales gain this year, outdoing its rivals, and the feat is due in large part to the positioning of the yen against foreign currency. The question for automakers and their dealers is whether or not the current sales momentum can continue for the rest of the year, and beyond. Ford Motor Co. plans to boost fuel efficiency in its hot-selling F-150s by coming out with a compressed natural gas (CNG) version for the 2014 model year.The Article TOP NEWS: Toyotas Latest Profits Based on Value of the Yen appeared first on Automotive Digest.
Toyota profit up on cheap yen, forecasts raised
2013-08-03 13:26:01| Automakers - Topix.net
The Tokyo-based maker of the Prius hybrid and Camry sedan said profit for the April-June quarter rose to 562.1 billion yen after getting a big boost from a weak yen.
Tags: cheap
profit
raised
toyota
Sony sales boosted by smartphones, weaker yen
2013-08-01 09:36:00| Telecompaper Headlines
(Telecompaper) Sony reported revenues for its fiscal first quarter to June up 13 percent from a year earlier to JPY 1.713 trillion (USD 17.3 billion), boosted by the weaker yen and growing smartphone sales. Excluding currency effects, sales were down 3 percent. Operating profit jumped to JPY 36.4 billion from JPY 6.3 billion a year ago, driven by the mobile communications and financial services divisions, and the net profit rose to JPY 3.5 billion from a loss of JPY 24.6 billion a year earlier. The mobile division, which includes phones and computers, grew sales 36.2 percent to JPY 389 billion, and the operating result moved to a profit of JPY 5.9 billion from a loss of JPY 28.1 billion a year ago. Smartphone sales in units reached 9.6 million, up from 8.1 million in the March quarter and 7.4 million a year earlier. The company maintained its full-uear outlook for unit sales of 42 million smartphones, but cut the forecast for cameras, TVs and PCs. Thanks to the positive currency effects Sony raised its full-year outlook to sales of JPY 7.9 trillion from a forecast in May of 7.5 trillion. The profit outlook was left unchanged.
Tags: sales
sony
yen
smartphones
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