Toyota profit soars 93%, ups forecast | Bangkok Post: news

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Toyota profit soars 93%, ups forecast

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Toyota said on Friday net profit almost doubled to a record $5.64 billion for the three months to June, and said it was on track to produce over 10 million vehicles worldwide this year. 

Toyota Motor vehicles are seen at the company's show room in Tokyo, on May 8, 2013. Toyota said on Friday its net profit soared 93.6 percent in the three months to June and added that it was on track to produce more than 10 million vehicles worldwide this year.

The world's biggest automaker has ramped up its bid to tap emerging markets while key US demand has also been on the upswing, helping Toyota to book ever-increasing profits over the last year.

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