Filed under: Earnings/Financials,Toyota

Japan's top automaker Toyota raised its annual forecast Thursday after cost cuts and healthy sales quadrupled quarterly profits from the previous year. Toyota Motor Corp. has halted production at all its 12 plants in China, including four vehicle assembly plants. The closure continues through Sunday, with a decision on future action coming Monday, according to Toyota.
Continue reading Toyota raises annual forecast after it quadruples its quarterly profit

Toyota raises annual forecast after it quadruples its quarterly profit originally appeared on Autoblog on Thu, 6 Feb 2020 08:43:00 EST. Please see our terms for use of feeds.

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