Wednesday, November 1, 2023

Toyota downgrades EV forecast in quest of record profits; quarterly net income nearly triples

Toyota downgrades EV forecast in quest of record profits; quarterly net income nearly triples https://ift.tt/GbomUIp

Riding an upswing in all-time-high quarterly earnings, Toyota downgraded its outlook for EV sales but lifted its forecast for record earnings in the full fiscal year, expanding on an earlier outlook that already called for record-level profits.

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