Toyota Q3 2023/24 results

If it weren’t for the safety scandal at its Daihatsu subsidiary (which came about a year after a mis-reporting scandal at its other main subsidiary, Hino) Toyota could be forgiven for feeling a little smug as it reported a 14% operating margin for its fiscal third-quarter and again raised its full-year forecast. Having been derided in some quarters as a ‘legacy automaker’, the company is reaping significant gains from the strategic choice it made not to rush into the BEV sector before it was confident.

Source link

About The Author

Scroll to Top