The biggest surprise of all is that the merger is not a new idea. According to a 2020 Financial Times report, Japanese government officials suggested a merger of the two automakers in 2019. At the ...
Toyota Motor raised its annual earnings guidance after posting higher third-quarter net profit and said it will establish an electric-vehicle unit in China, seeking to shore up its operations in the ...
For the fiscal year ending March, Toyota now expects net profit to decline 8.6% to Y4.520 trillion and revenue to increase 4.2% to Y47.000 trillion. It previously expected Y3.570 trillion in net ...