Reported 19 days ago
Toyota reported a significant drop in profits for the July-September quarter, earning 573.7 billion yen, less than half compared to the same period last year, due to a production halt following a certification scandal and vehicle recalls. Despite a slight increase in sales revenue, the automaker's vehicle sales declined globally. Toyota plans to enhance investments in human resources and production methods, and aims to sell 10.85 million vehicles this fiscal year while continuing to address manufacturing and certification challenges.
Source: YAHOO