Toyota’s quarterly profit rose nearly 5 percent as the weaker yen and cost reductions offset declining sales in some markets. The automaker raised its full-year earnings forecast.Toyota Motor Corp., the No. 1 automaker in global vehicle sales, reported Friday a 627.9 billion yen ($5.4 billion) profit for the October-December fiscal third quarter, up from 600 billion yen a year earlier.
Quarterly sales rose 2 percent to 7.34 trillion yen ($63 billion).
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