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Toyota Posts Profit Surge as Hybrid Sales Shine
A weaker yen and strong hybrid demand helped offset falling sales in China and the Middle East, while annual profit guidance rose 15%.
Summary by RTÉ
8 Articles
8 Articles
Toyota second-quarter profit seen climbing 18%, first increase in six quarters
By Daniel Leussink TOKYO, Nov 4 (Reuters) - Toyota is forecast to report its first increase in operating income in six quarters on Thursday, as a weaker yen and robust demand for its more profitable hybrid vehicles offset slumping sales in China and ...
Strong demand for hybrids.
Toyota's strategy based on hybrid gas-electric technology shows its economic performance. The big Japanese group has reviewed its profit estimates positively, despite the severe decline in China.
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Total News Sources8
Leaning Left0Leaning Right2Center2Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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