After taking the number two spot from Ford, Toyota is now hot on the heels of General Motors. The giant Japanese automaker now has its eyes on taking the number one spot from the world's largest automaker. After recently reporting a 7.3% jump in quarterly profit as a result of its booming sales in North America and Europe offsetting the sluggish demand in Japan, Toyota Motor Company is getting closer to achieving its goals.

Source: [url=http://www.businessportal24.com/en/Toyota_Reports_Record_Quarterly_Profit_119090.html]Business Portal 24[/url]