Toyota Motor Corp. reported Thursday it suffered a ¥55.99 billion net loss for the first half of the business year amid slumping global demand but forecast brighter earnings for the full year.

The loss contrasts with the large profit the world’s largest automaker scored a year ago before the global economy went into a tailspin.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.