Nov 4th, 2009 - Reuters
* Consensus sees annual operating loss at 293 bln yen
* Second-quarter earnings due at 0600 GMT
* Plans to spend 30-40 bln yen on China R&D centre -Nikkei (Updates throughout)
TOKYO, Nov 5 (Reuters) - Toyota Motor Corp (7203.T) isexpected to reduce its annual loss forecast on Thursday as salesand cost-cutting exceed its plans, putting it on track to followJapanese rivals into the black next year.
Toyota, the world's biggest automaker by sales, will wrap upan earnings season dominated by rosier projections from Japaneseautomakers despite the damaging rise in the yen.
Related stories:
Toyota Results Are Way Better Than Expected
Nov 5th, 2009 - CNNMoney
Toyota (TM), which is going through the worst crisis in existence, due to a combination of the poor economy and manufacturing failures, is already bouncing back. TOKYO (AP) — Toyota Motor Corp...
Toyota scales back loss forecast
Nov 5th, 2009 - CNN
(FT) -- Toyota Motor scaled back its loss forecast for the year to next March on Thursday, reflecting an aggressive cost-cutting drive and improved sales of some vehicles -- particularly low-emission cars such as its Prius hybrid...Toyota returns to profit as stimulus boosts sales
Nov 5th, 2009 - Boston
TOKYO—Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery under way for Japan's giant automakers.Toyota surprises with quarterly profit
Nov 5th, 2009 - Reuters
TOKYO (Reuters) - Toyota Motor Corp reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts...Toyota to establish research centre in China, report says
Nov 4th, 2009 - Earth Times
Tokyo - The world's biggest carmaker Toyota Motor Corp plans to build a research and development centre in China, the Japanese business daily Nikkei reported Thursday...
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