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New York Fed's Williams sees inflation easing in second half of the year

Toyota Guidance Is Terrible. Competition Is Heating Up.

Brian Swint
·2 min read
Toyota Guidance Is Terrible. Competition Is Heating Up.

Toyota Motor reported fiscal fourth-quarter results on Wednesday which also means it gave investors a look into its 2025 fiscal year. Operating profit is set to fall 20% in the coming year as the company invests more in battery electric vehicles and artificial intelligence to keep up with its automotive peers. For the fiscal fourth quarter ended in March, Toyota earned about ¥1.1 trillion, or $7.1 billion, up from the $4 billion earned in the same quarter of fiscal year 2023.

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