TOKYO: Toyota Motor Corp, Honda Motor Co and Nissan Motor Co all raised their operating profit forecasts for the current fiscal year on the back of strong sales, in what can be seen as a validation of their view that the shift to fully electric vehicles will take longer and require more patience by the industry.
Booming Profits Bolster Japan Automakers Cautious Shift to EVs bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Toyota Increasingly Confident on Outlook After Record Sales bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The Bank of Japan is widely expected to keep its ultraeasy monetary policy unchanged at its two-day policy meeting, but financial markets are set to scrutinize any change in its messaging on inflation and the yen s rapid decline a byproduct of the BOJ s dovish stance.