Toyota forecasts 20% drop in revenue from the coronavirus but expects operations to remain profitable
TOKYO—Toyota Motor Corp. forecast revenue would fall 20% this fiscal year because of the new coronavirus, but it said its operations would manage to stay in the black. Japan’s biggest auto maker by sales said it expected the car market to bottom out by June and return to the same level as the previ.
TOKYO—Toyota Motor Corp. forecast revenue would fall 20% this fiscal year because of the new coronavirus, but it said its operations would manage to stay in the black. Japan’s biggest auto maker by sales said it expected the car market to bottom out by June and return to the same level as the previCanada Latest News, Canada Headlines
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