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JD Power APEAL Survey: Toyota ranked next to last, Honda, Nissanbelow average
On Jul 18, 12:59*am, john > wrote:
> "Just as in the 2009 APEAL study, all three Japanese mass market > brands – Toyota, Honda and Nissan -- scored below the industry > average. In this year’s study, Toyota also ranked next to last, just > ahead of Jeep. > TOKYO — Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales recovery while fighting to salvage its reputation for quality. But the automaker's top executive and analysts alike said Toyota is still far from a full recovery while another potential blow to its image looms after U.S. federal authorities launched a fresh investigation into a steering recall. Toyota Motor Corp. said Tuesday that January-March profit totaled 112 billion yen ($1.2 billion) compared with a 766 billion yen loss the year before. Quarterly revenue jumped to 5.28 trillion yen ($57 billion) from 3.54 trillion yen a year earlier, when purchases of cars and other vehicles were slumping amid the global financial crisis. Toyota, which makes the Prius hybrid and Camry sedan, is forecasting even better results for the fiscal year through March 2011, projecting annual profit to rise 48 percent to 310 billion yen ($3.3 billion). |
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