TOKYO (AP)– Toyota’s July-September revenue leapt virtually threefold from a year ago as automobile sales expanded around the globe and a cheap yen enhanced the Japanese automaker’s abroad profits.
Toyota Motor Corp reported Wednesday 1.28 trillion yen ($ 8.5 billion) in quarterly revenue, up from 434 billion yen the previous year. Quarterly sales climbed 24% to 11.43 trillion yen ($ 75.7 billion) from 9.22 trillion yen.