June 19, 2013
Japanese automaker Toyota (NYSE:TM) is the world's largest automaker with over 19.0 trillion yen in revenues for fiscal 2010.[1] Toyota's sales are concentrated in Japan and North America but have seen rapid growth in Asia and South America.
Sales of the company's three automotive brands: Toyota, Lexus, and Scion. Profits on exported vehicles made in Japan have also been hit by a strengthening Japanese yen.[2] Toyota has a near choke-hold on the US hybrid/low-emissions vehicles market thanks to the redesigned Prius. As the American Big Three struggle to meet the 35 mpg mandate by 2020, Toyota has a head start.
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