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Toyota enjoys profit rise, 7th straight year of record sales

Toyota Motors' first-quarter profit quarter climbed 9% as the automaker marked its seventh straight fiscal year of record sales amid robust demand for its Corolla, Camry and Lexus models, according to USA Today.
Toyota, which topped General Motors in worldwide vehicle production and sales in the first quarter for the first time ever, reported a quarterly group profit of $3.67 billion.

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