Even despite expansive recalls and a tarnished brand image, Toyota has emerged from intense scrutiny to report a $1.2 billion quarterly profit.
Thanks in part to swift quality controls and by offering the largest incentives in the automaker’s history, financially Toyota appears to be on steady footing, even while its brand still remains in “stormy water,” as Toyota President Akio Toyoda put it.
Read the full story about Toyota’s quarterly profits on Toyota in the News.
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