Toyota Motor Corp. lifts its net profit forecast for the year ending March to a record 4.5 trillion yen ($30.3 billion) from an earlier projection of 3.95 trillion yen due to robust post-pandemic demand, but it also lowered group car sales outlook following a series of quality scandals.
Toyota Motor Corp. says it will extend a partial production halt in Japan to next Monday due to ongoing difficulties in resuming the shipment of certain cars following a data rigging scandal at its affiliate.
Toyota Motor Corp. will restart this year's domestic vehicle production on schedule from Monday, despite some suppliers suffering disruption caused by a recent powerful earthquake that struck the country's Noto Peninsula, the automaker says.
Daihatsu, a Japanese car maker, has suspended all domestic production due to a safety testing scandal. The suspension is expected to last until January, with no exact date for resumption.