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Toyota projecting record profits, thanks in part to weak yen

Toyota retained its global sales crown in 2014 by selling 10.23 million cars in the calendar year. As the positive number might suggest, the Japanese automaker is doing extremely well financially, too. Although, some tougher times might be on the horizon. Toyota recently released its financial figures for the three fiscal quarters running from April 1 through the end of December 2014. Net profit jumped an impressive 13.2 percent to 1.727 trillion yen ($14.7 billion) for that period. It could be the Japanese automaker's most profitable time ever when the fiscal year ends in March, if things keep going this way, according to The New York Times. Toyota's own profit forecast for the 12-month period is also up by 130 billion yen ($1.1 billion) to 2.13 trillion yen ($18.1 billion). One key to the company's success is the low value of the Japanese yen, because it allows Toyota to make more money on each vehicle the company sells abroad. The currency is now worth relatively less than any time since the early '70s, according to The New York Times. Despite the rosy financial numbers, actual sales have started to fall, albeit a very slight amount. Through the three fiscal quarters, the company sold 6.73 million cars, a drop of just 45,365 vehicles. Toyota also reduced its forecast for the fiscal year to 9 million units, rather than the original estimate of 9.05 million. According to The New York Times, the shrinking Japanese auto market and difficulty in China might mean losing the global sales lead next year. For the US, sales jumped 145,411 units from April through December to a total 2.1 million vehicles. Operating income reached $4.27 billion, nearly 50 percent more than last year, according to The New York Times. Toyota Motor Corporation (TMC) Announces April – December 2014 Financial Results February 04, 2015 Toyota's global net income jumped 13.2 percent during the nine-month period (April 1– December 31, 2014) of the 2015 fiscal year. Global Financial Highlights: Global sales decreased by 45,365 vehicles to 6.73 million, with strong sales in North America and gains in Europe, offsetting decreases in Japan and other regions.

Lexus NX Luggage Test: How much cargo space?

According to the specs, the new Lexus NX has 22.7 cubic-feet of cargo space behind its raised back seat. That is considerably less than the mechanically related Toyota RAV4 (37.5 cubic-feet) and Toyota Venza (28.8 cubic-feet). It's also less than several of its compact luxury SUV competitors. However, the shape of its cargo area, a clever cargo cover and the added versatility of under-floor storage make it one of the best cargo areas in the segment in terms of usability.  It's also important to note that there are four versions available, all with their own powertrain: the NX 250 (shown here) has a naturally aspirated four-cylinder shared with the RAV4; the NX 350h with the same hybrid powertrain as the Venza and RAV4 Hybrid; the unique turbocharged NX 350; and the NX 450h plug-in hybrid that's very similar to the RAV4 Prime. Despite these different powertrains, and the need to store the hybrids' batteries somewhere, I am told by Lexus that their cargo areas are equal. That includes the sizable under-floor storage area you'll see shortly.  Here's the cargo area. As you can see, it has a large cargo cover that's fairly distinctive. Rather than a long, large cartridge with a cover that rolls out, or a solid rigid panel, this one features a mesh fabric supported by a metal frame that folds in half. This design would make it easier to store than either of the other designs (be it inside or outside the vehicle), but Lexus goes a step further on this front. The under-floor storage area was thoughtfully designed specifically to accommodate this cargo cover. This is a rare feature in a compact SUV. It means you shouldn't have to worry about getting stuck with the cargo cover when you need every square-centimeter of space available.  There's also plenty of storage space without that cover. In fact, the main bin is big enough to swallow the Luggage Test fancy bag. Also storing the cargo cover would've been iffy, but this is nevertheless impressive. The Acura RDX is the only other compact luxury SUV to offer such a space and it makes a difference.  Now, onto the other bags. As in every luggage test I do, I use two midsize roller suitcases that would need to be checked in at the airport (26 inches long, 16 wide, 11 deep), two roll-aboard suitcases that just barely fit in the overhead (24L x 15W x 10D), and one smaller roll-aboard that fits easily (23L x 15W x 10D). I also include my wife's fancy overnight bag just to spruce things up a bit (21L x 12W x 12D).

Most reliable cars and trucks of 2022

Related: Least reliable cars and trucks of 2022   For years now, Consumer Reports has been one of the most prolific sources of vehicle reliability data around. The organization tests a number of vehicles each year and surveys its members on various automotive topics, including reliability. The results of its 2022 annual auto survey are in, and the list of most reliable vehicles has been revealed. Unsurprisingly, Toyota and Lexus dominated the list of most reliable vehicles, but BMW and Mini snuck into the top 10 as well. The list includes: Toyota Corolla Hybrid: 93 Lexus GX: 91 Mini Cooper: 89 Toyota Prius: 89 Mazda MX-5 Miata: 85 Lincoln Corsair: 82 Toyota Corolla: 81 Subaru Crosstrek: 80 BMW 3 Series: 80 Toyota Prius Prime: 77 In terms of the most reliable vehicle type, Consumer Reports says that sedans remain the best choice. Their average score is 58, which is notably better than SUVs’ average score of 51. Minivans and pickup trucks are lower, at 44 and 39, respectively. As Consumer Reports notes, many sedans are older models that have allowed their manufacturers to iron out the wrinkles, making them more reliable. Domestic automakers' SUVs and trucks performed better in the survey than their imported counterparts, with scores of 45 and 41, respectively. The study also showed that hybrids and plug-in hybrids are becoming more reliable, and have climbed the score ladder to the tops of their segments in many cases.  Consumer Reports says its study includes 17 trouble areas, including small stuff like creaks and rattles and much larger problems like drivetrain failures. The organization states that it weights each issue based on its severity to create its predicted reliability scores, with 100 being the best. A car must be in production for at least two model years to be considered for the list. Related video: Green BMW Lexus Lincoln Mazda MINI Subaru Toyota Car Buying Maintenance Ownership Convertible Coupe Crossover Hatchback SUV Hybrid Sedan Consumer Reports reliability