Toyota's quarterly profits tell a two-speed story
A rough road at the moment, but a smoother ride just around the corner. That was the message coming from the Japanese car giant Toyota which has posted a 39% fall in quarterly profits, but has raised its forecast for its full-year numbers.
The world's largest car manufacturer is enjoying boom times in emerging markets in Asia, Africa and Latin America, but it is still struggling with quality control issues and recalls in its key market - the United States.
Roland Buerk reports from Tokyo.
08 Feb 2011
- From the section Business