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Tag: Toyota shares

Industry Focus Areas, Motorized Vehicle

Toyota Sees Higher Material Costs Eating Into Profit

May 11, 2022

Via: The Wall Street Journal

Toyota Motor Corp. TM -2.85%▼ said the auto industry faces a tough year because rising raw-material costs and a shortage in semiconductors continue to hamper production. The company said it expected rising prices for raw materials would lower operating profit […]