Toyota warns of 64% drop in full-year net profit
BUSINESS
August 6, 20202 min read, 488 words

Toyota warns of 64% drop in full-year net profitToyota warns of 64% drop in full-year net profit

Internal Submission
Published: August 6, 2020  |  2 min read, 488 words
Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.Japan’s top car maker, which had previously declined to give a bottom-line forecast because of ongoing unce...
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