19.8 C
New York
Saturday, September 28, 2024

Toyota reports quarterly profit decline amid chips crunch

TOKYO (AP) — Toyota said Tuesday that its profit fell 31% in the last quarter as a shortage of computer chips offset foreign exchange gains from a weaker yen. Toyota Motor Corp.’s quarterly profit through September totaled 434 billion yen, or $2.9 billion, down from nearly 627 billion yen a year …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,647FansLike
396,312FollowersFollow
2,310SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x