Japan's Toyota reports hefty profit on cheap yen and solid car sales

Toyota reported a nearly doubled profit for Q1 2025 due to strong U.S. and Indian demand and a favorable yen-dollar exchange rate. Net profit rose to 1.48 trillion yen ($9.4 billion), with sales increasing 10% to 13.5 trillion yen ($85 billion). The company faces challenges from Middle East instability and a Kumamoto earthquake disrupting production.