Filed under: Toyota , Earnings/Financials Things are good again at Toyota , which reported a $1.5 billion profit for the quarter, wrapping up a fiscal year in which it made just $3.5 billion, according to Business Week . While Toyota saw sales growth in Europe, Africa, and its home market, North America was a weak point. Sales revenue for the fiscal year totaled $232 billion, down two percent, according to the report. Though the company still beat its forecast of $2.5 billion, the real excitement surrounds its projections for the next 12 months. As predicted by analysts , Toyota says it expects to make $9.5 billion in the year that extends through March of next year, showing that the automaker has fully recovered from the effects of last year’s tsunami , according to the report. Toyota releases financial results, predicts profits will double in 2012 originally appeared on Autoblog on Wed, 09 May 2012 18:30:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Truck , Work , Toyota , Diesel 2012 Toyota Hilux – Click above for high-res image gallery When we think of Toyota icons, we tend to think of vehicles like the Prius , Land Cruiser , or perhaps the Corolla , the world’s best-selling nameplate. But entire towns have been built and many wars have been fought on the back of Toyota’s Hilux pickup. Celebrated the world over for its legendary ruggedness and anvil-like reliability, it’s been the workhorse of choice everywhere from Africa to Antarctica for decades. In other words, the debut of a new Hilux qualifies as a genuinely important development in global transportation. And while this isn’t an all-new model, there are a raft of changes worth noting for the new year. Starting with the obvious, the 2012 Hilux receives a completely new front clip, including new fenders headlights, bumper, hood, and three-bar grille. Additional changes include updated rear fenders, as well as new mirrors and alloy wheel designs. Inside, the changes are mostly minor, though there’s a new upper dashboard piece and an available 6.1-inch touchscreen multimedia system. Beyond that, Toyota cites “greater colour consistency throughout” and some silver trim bits as key changes. Underhood, the diesel-powered two-wheel-drive Hilux 2.5 D-4D gets a new variable nozzle turbo to boost power to 144 horses (+24) and 253 pound-feet of torque, all while lowering fuel consumption.