May 11: Toyota returns to profit but for how long?

Toyota returned to profit in the year to the end of March with results that exceeded the company’s most recent forecast, as Akio Toyoda, president, warned that the company remained in “stormy waters”. Ben McLannahan, Asia Lex columnnist, whether the Japanese carmaker’s rebound is sustainable.

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Source – FT.com

Toyota President: We’re Fast Approaching Peak Oil

We are fast approaching peak oil, according to Toyota President Akio Toyoda; with CNBC’s Phil LeBeau. 2012 = pure electric vehicle release and in 6 years, hydrogen cell vehicles.