So, Toyota has profit Operating income amounted to 1.16 trillion yen, about 7 billion euros, in the third quarter of this year. Compared to the same period last year, the number was 20% lower.
Toyota has had a rocky start to the transition to electrification, with company president Akio Toyoda previously saying such a move would lead to job losses.
“There are 5.5 million people working in the automotive industry in Japan. Of this number, there are also those who only do work related to machines. “If electric cars become the only option, then jobs will disappear,” he told reporters.
Toyota was also affected by technical problems. In September, the company recalled 40,000 cars still in service due to defects in the braking system.
(source: AFP)
