Toyota expects better profits amid weakening yen![]() February 6, 2017 - 15:34 AMT PanARMENIAN.Net - Toyota says its full-year profits will be better than expected thanks to a pick-up in sales and a boost from currency fluctuations, BBC News reveals. The Japanese firm expects net profit in the year to March of 1.7 trillion yen ($15.1bn), compared with a previous forecast of 1.55 trillion yen. That is despite losing its top-selling carmaker status to Volkswagen in 2016. Meanwhile, Toyota said it had begun formal talks to work with Suzuki on projects including safety technology. Analysts said the partnership - which could also involve collaboration on vehicles that were less damaging to the environment - would give Suzuki access to Toyota's technology. Benefits for Toyota are likely to include tapping in to Suzuki's strong market position in India. Related links: ![]() ![]() Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |