Toyota to post its 5th straight profit drop Business

Toyota to post its 5th straight profit drop

Toyota is forecast to post a fifth straight quarterly operating profit decline this week, hit by weaker vehicle sales and rising costs, as investors gauge the impact of last week’s earthquake in southern Japan. The world’s biggest automaker is expected to report 1.11 trillion yen ($7.04 billion) in profit for the ⁠April-June quarter on Tuesday, […]