Reported about 4 hours ago
Toyota has raised its full-year operating profit forecast by 9% to 4.7 trillion yen ($30.7 billion), showcasing confidence in overcoming potential U.S. tariffs. This revision follows a challenging third-quarter performance, where operating profit fell 28%, yet reflects improved earnings power driven by strong hybrid vehicle demand. Despite past declines, Toyota remains the top-selling automaker globally, reporting 10.8 million unit sales for 2024.
Source: YAHOO