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Toyota overcomes chip shortage to beat Q3 net profit forecast

The Japanese auto giant, which kept its crown as the world's top-selling carmaker in 2021, left its annual net profit outlook unchanged but slightly lowered its full-year vehicle sales and production targets.

Toyota overcomes chip shortage to beat Q3 net profit forecast
By: NewVision Reporter, Journalists @NewVision

Toyota on Wednesday posted a forecast-beating net profit of $6.8 billion for the three months to December, even as a global chip crunch and a pandemic-driven parts shortage forced production

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Toyota
Covid-19
Q3