Despite the bad economy and the multiple safety recalls, Toyota has posted a $2.2 billion quarterly profit, the biggest in two years. While automobile manufacturers have been struggling to make a profit, Toyota sales in North America, Japan, and other Asian countries ended up being higher than what was first forecast. Analysts say that consumers have been buying Toyota due to their sale incentives such as zero percent financing and added free options. The company has also received government incentives for green vehicles such as the Prius hybrid. Whatever it is, it has caused the company’s shares to increase two percent. With Toyota’s increased awareness of safety and recalls, the company can’t help but to come out stronger.
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