Toyota reports profit plunge due to certification scandal
TOKYO, Nov. 6 (Xinhua) -- Japanese automaker Toyota Motor Corp. said Wednesday its net profit for the first half of the fiscal year (April to September 2024) fell 26.4 percent to 1.91 trillion yen (about 12.3 billion U.S. dollars).
The decline was mainly attributed to issues like certification irregularities that affected sales in Japan, along with decreased sales in North America due to recalls of key models.