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Tuesday, April 16, 2024

Toyota profit to rise but eyes will be on its shaky supply chain, EV strategy

TOKYO, Oct 31 (Reuters) – Toyota Motor Corp (7203.T) is expected to report a small quarterly profit increase on Tuesday, with soaring costs of parts and materials nearly offsetting the benefits from the plunging Japanese yen and a rebound in production. The world’s biggest automaker by sales said …

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