Toyota Posts Record-Breaking Results

Earnings and sales are up, and full-year profits are forecast to hit $14.9 billion thanks to strong sales in China and Europe

The ongoing struggle this year between Toyota (TM) and General Motors (GM) to be the world's biggest automaker took another turn in the three months through Sept. 30. GM, on top of the world for over 70 years, regained its ascendancy after trailing Toyota during the first half of the year by selling just 10,000 more vehicles than its Japanese rival.

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