Friday, August 12, 2011

automotive sales in Japan and North America dropped significantly

"The biggest impact was in Japan and North America where vehicle sales dropped significantly," said Takahiko Ijichi, Senior Managing Officer of TMC, as reported by AP today.

automotive sales in Japan and North America dropped significantly

Toyota Motor Corporation announced a net profit (net profit) in the period April to June (first quarter of fiscal 2011) plummeted by 99.4 percent to 1.16 billion yen, equivalent to Rp127, 2 billion compared to the same period of last year's 190.47 billion yen. This condition is triggered by two things, namely the strengthening of the yen against the dollar and the United States experienced the earthquake disaster and March 11 last.

Plant damage, interruption of the supply chain of spare parts, until the cessation of production makes the Toyota company's operating loss of funds of up to 107.96 billion yen. In fact, last year to 211.63 billion won profit. The value of sales also fell 29.4 percent to 3.44 trillion yen from 4.87 trillion yen previously. Volume unit of kinship is also only sold 1.22 million units worldwide fell from the previous 1.82 million units (2010).

But that leads into the month of July August, Toyota began footing back into the correct position. They are optimistic able to record greater profits to 390 billion yen in fiscal 2011 than previously forecast 280 billion yen only.

Toyota is also optimistic can improve operational ketuntungan (operating profit) to 450 billion yen from the initial prediction of 300 billion yen. Also, the sales value will reach 19 trillion from the previously established 18.6 trillion or sell 7.72 million vehicles from the early prediction of only 7.34 million units.