Toyota Motor Corp. and Nissan Motor Co. led U.S. sales gains for Asian automakers, topping analysts’ estimates with stronger-than-expected November deliveries that were buoyed by Black Friday shoppers.
Toyota Motor Corp., the world’s largest automaker, will probably deliver record semiannual profit when it reports earnings tomorrow, as the weaker yen bolsters the value of Japanese cars sold overseas.
Japanese companies from Toyota Motor Corp. to Sony Corp. are poised to report earnings that will provide evidence on whether Prime Minister Shinzo Abe’s policies are leading to a sustained economic recovery.
Toyota Motor Corp. , the world’s biggest automaker, said earnings may be reduced by output disruptions following Japan’s earthquake and tsunami last month, which contributed to a record decline in the nation’s auto sales.
Toyota Motor Corp. may delay the production of at least 500,000 vehicles in Japan because of a shortage of parts and electricity after the nation’s record earthquake, said an analyst at Advanced Research Japan.