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Rounding up automakers’ financial results
Several automakers reported monthly or quarterly results this morning. Let’s get to it:
Toyota: Sales are down, but profit’s up
TOKYO — Toyota Motor posted a 17% increase in first-quarter profit on Thursday, as cost-cutting and a weaker yen helped offset lower sales and a decline in production at home.
Source: https://www.autoblog.com/2024/08/01/rounding-up-automakers-financial-results/
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