Toyota expects a sharp drop in profits

Many car manufacturers have conceded their outlook in the corona crisis. Toyota takes a look into the future – and expects a massive slump. Tokyo Toyota boss Akio Toyoda wants …

Toyota increases profit by more than 10 percent

Toyota Motor Corporation (TMC) today announced the financial results for the past financial year (April 1, 2019 to March 31, 2020). Despite the last quarter’s weakness due to coronavirus crisis, …

After BMW, Audi is ramping up production

At the automakers Audi and BMW, production is gradually ramping up. Both representatives of the auto industry and the Bavarian Prime Minister Söder are in favor of a purchase premium …