TOKYO: Toyota Motor Corp raised its annual profit forecast for a second time this year, helped by a weaker yen and US sales that outpaced Ford Motor Co.
In the three months to September, Toyota took a 15% share in the US -- its biggest market – for the first time since 2009. Toyota outsold Ford every month in the quarter, with the RAV4 compact crossover setting a ninth straight monthly sales record in September.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!