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Shell Closing 7 Hydrogen Stations in California
Looks like they're having problems getting hydrogen.
Shell Is Immediately Closing All Of Its California Hydrogen Stations (msn.com) -
Toyota financials look good
Source: https://www.reuters.com/business/autos-transportation/toyota-posts-76-jump-q3-operating-profit-2024-02-06/
. . .
The Japanese firm raised its profit forecast for the year ending March to 4.9 trillion yen ($33 billion) from 4.5 trillion expected previously. That is well above an average analyst forecast of 4.6 trillion yen, according to LSEG data.
. . .
Toyota's operating profit for the third quarter ended Dec. 31 was 1.68 trillion yen, beating the average 1.3 trillion yen profit estimate in a poll of nine analysts by LSEG.
Hybrid sales soared 46%, contributing to an 11% rise in overall vehicle sales. Hybrids accounted for around a third of the total sales of more than 10 million vehicles of its Toyota and luxury Lexus brands last year.
. . .
There is more speculations in the article that others might share.
Bob Wilson
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