As Toyota (NYSE:TM) reports earnings and returns to its high seat as the No. 1 selling automaker, Motley Fool industrials analyst Blake Bos takes a look behind the curtain at what it's doing right. Despite the company meeting revenue predictions, it missed EPS significantly, and while the it raised guidance, Toyota is still below what Wall Street expected. Are Wall Street's expectations of Toyota too high at the moment? Blake looks at some macro factors affecting Toyota, such as Chinese and Japanese international relations, which investors will want to watch closely.

Blake Bos has no position in any stocks mentioned. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.