-
Recent Posts
- First Look – Elaphe Sonic.1 Performance EV Motor
- Goodyear to Sell Dunlop Brand to Sumitomo Rubber Industries
- Honda 0 Saloon and Honda 0 SUV Protypes Debut
- EV Market Stays as Customer Satisfaction Leader
- BMW Panoramic iDrive and Operating System X Debuts
- Mazda to Make its First Pure EV in Hiroshima
- Tesla Recall for Bad Airbags and Windshields
- Ford Motor Battery Fire Recalls – Escape and Corsair Hybrids
- Garmin Debuts Blind Spot Motorcycle Radar
- EPA Fines Iowa 80 and Joplin 44 Truck Stops
- BMW 2024 U.S. Sales Up Slightly
- GM 2024 U.S. Sales 2.7 Million
- Volkswagen ID.4 Stop Sale Lifted After Recall
- Milestones – F1, Can Am and Le Mans Winner Jacky Ickx
- Milestones 2025 – the Goodyear Blimp 100th Anniversary
Recent Comments
- US Auto Sales Forecast Trump Bump or Bumpy 25? | AutoInformed on Trump Presidency Effects on Auto Industry – All Bad?
- Lisa Jacobson on Fossil Fuel Phase Out or Cop Out at COP28?
- Stellantis on Carlos Tavares Out as Stellantis CEO
- NHTSA Fines Ford $165M for Flouting Recall Law | AutoInformed on Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles
- Alfa Romeo Returns to Formula 1 in 2018 via Sauber on Alfa Romeo Returns to Formula 1 in 2018 via Sauber
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Toyota Motor FY Q1 Profit Drop Spooks Market
Aside from the well-known semiconductor problems, Covid lockdowns in Shanghai and other parts of Asia, as well as flooding in South Africa hurt the results. Toyota shares fell -3.45% after it released its earnings report, which showed a 42% year-over-year drop in operating profit, but recovered slightly to close down -2.99%. The Nikkei average share closed up 0.69% at ¥27,932.20 and even topped the ¥28,000 mark. Continue reading →