1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Featured Toyota financials look good

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by bwilson4web, Feb 6, 2024.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,665
    15,664
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    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
     
    #1 bwilson4web, Feb 6, 2024
  2. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,156
    50,059
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    What do you make of their debt load?
     
    #2 bisco, Feb 6, 2024
  3. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,665
    15,664
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    It is as good as their EVs.

    Bob Wilson
     
    #3 bwilson4web, Feb 7, 2024
    hill, 3PriusMike and bisco like this.
  4. vvillovv

    vvillovv Senior Member

    Joined:
    Mar 19, 2013
    3,904
    1,338
    1
    Location:
    NY
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    without reading the linked page, it appears to me that CH might be overtaking US in financial importance, relatively. IBM legal might know more. Isn't global economics one of the most interesting subjects to analyze.
     
    #4 vvillovv, Feb 7, 2024
    Last edited: Feb 7, 2024
(You must log in or sign up to post here.)