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Toyota’s profits rise as global chips supply crunch subsides

Por: The Boston Globe Business May 10, 2023

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TOKYO (AP) — Toyota’s January-March profit edged up 3% from the previous year on robust sales as a chips supply crunch gradually eased.Toyota Motor Corp. racked up 552.2 billion yen ($4 billion) in quarterly net profit, up from 533.8 billion yen ($3.9 billion), according to results released Wednesday. Quarterly sales soared nearly 20% to 9.69 trillion yen ($72 billion).For the fiscal year ended in March, profit at Japan’s top automaker... + full article



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