Toyota profit jumps 22%, beats estimates

(Tokyo) -- Toyota's profit for the most recent quarter is up 22-percent, far outpacing analysts' estimates.

The Japanese auto giant posted a profit today of more than seven and-a-quarter billion dollars for the quarter that ended December 31st.

Vehicle sales rose across all major regions with Toyota's biggest market, North America, growing 16-percent.

That's double the company's overall average gain.