Toyota is tightening the reins after seeing its first quarterly profit drop in two years. To maintain profits, Toyota plans to “hold off on investment decisions until the very last moment,” including EV and hybrid investments.
https://electrifyheartland.org/wp-content/uploads/MicrosoftTeams-image.png00https://electrifyheartland.org/wp-content/uploads/MicrosoftTeams-image.png2024-11-06 09:33:582024-11-06 09:33:58Toyota will hold off on EV investment decisions until ‘the very last moment’ as profits slip