Toyota Raises Full-Year Profit Forecast Despite Lower Sales Guidance
Toyota raised its full-year profit forecast, citing strong hybrid demand and the weak yen, despite lowering its sales guidance.
By Steve GoldsteinJapanese car giant Toyota on November 5, 2026, raised its full-year profit forecasts on the back of strong demand for hybrid vehicles and the weak yen, despite fierce competition from Chinese rivals.Toyota Motor on Thursday saw an odd combination of a powerful stock-market gain af…