conference in Tokyo, Japan, on Tuesday, May 28, 2024. The world's biggest carmaker Toyota Motor Corp., alongside Mazda and Subaru Corp., said they're making progress on developing smaller, more efficient engines that can work with electric-vehicle manufacturing platforms and capable of meeting strict emission regulations in the future. Photographer: Kiyoshi Ota/BloombergSome institutional investors have objected to Toyota’s determination to eliminate carbon dioxide emissions gradually.
CreditSights said Toyota’s automotive operating margin increased 4.7 percentage points to 11.2% in fiscal 2024. Electrified vehicles, of which 95% were hybrids, accounted for 37% of Toyota’s vehicle sales in the financial year. Biden Vs. Trump 2024 Election Polls: Most Voters Say Trump’s Conviction Isn’t A Factor, Latest Survey Shows“The company has generated historically high levels of sales, profit, and EBITA margin, which we expect the company to maintain at similar levels over the next 12 to 18 months,” Enjo said.