Tokyo – Japan’s top automaker Toyota reported the record sales for the fiscal year by March, but its profit for the latest quarter was partially reduced due to a certificate scandal.
Toyota Motor Corporation’s January-March net profit a total of 664.6 billion yen ($ 4.6 billion) from 997.6 billion yen in the same period a year ago. Tribal sales total 12.36 trillion yen ($ 85.9 billion), higher than 11 trillion yen.
The Toyota crash test has been further strengthening its vehicle testing system after recognizing extensive fraud tests, including the use of inadequate or old data, the airbag inflation incorrect tests and the use of engine power checks.
Akio Toyoda apologizes to Toyota Chairman and Automaker founder’s grandson. Unjust work does not already affect the protection of vehicles on the streets, including popular Corolla Subcompat and Lexus luxury vehicles.
However, this scandal is a big embarrassing reason for a manufacturer whose brand has been synonymous for decades and carefully attention.
For the fiscal year by March, the Toyota 4.77 trillion yen ($ 33 billion) said, which has dropped from 4.94 trillion yen in the previous fiscal year.
Annual sales record has reached 48 trillion yen ($ 333.6 billion), more than 45 trillion yen. Toyota is predicting sales of 1.5 trillion yen ($ 177 billion) for the fiscal year by March 2026.
According to Toyota, its profits were less bullshit, quoting the expenses to meet the demand for carbon neutrality, as well as the effect of the US duty operating income of President Donald Trump, which was 1 billion yen ($ 1.5 billion) factor by Tenota. This hypothesis is across April and May, which means it may grow up in the coming months.
In the month of March, consolidated vehicles sales were slightly less than 9.36 million vehicles, slightly less than 9.44 million vehicles in the previous fiscal year.
Toyota officials say the cost of reduced spending and marketing has served as a plus to fight negatives, due to quality problems that have been stopped for several months in the United States for several months.
Toyota also said that the portion of the electric vehicle sold it was increasing continuously. Sometimes the global step towards Toyota EVS was criticized, partially because it has a wide lineup of other types of green cars, including hybrids.
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Yuri Kazayma is on the thread: https://www.threds.com/@yurikageyama
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