Japanese automaker Toyota's profit fell 74% in the last quarter, compared to the same period last year, due to the halving of car sales caused by the Covid-19 pandemic, the company announced this Thursday.
This amount represents a drop of 82,5% in relation to the same period of 2019. In the second quarter, the losses of the automotive group were 212 million, compared to the profit of 1.480 million achieved in the second quarter of 2019.
Between January and June, the VW group delivered 3,9 million vehicles (27,4% less than a year earlier).
At the beginning of the year, the French car manufacturer announced its first losses in the last decade, even before the crisis caused by the covid-19 pandemic worsened the situation in the sector.
Boeing CEO Dave Calhoun presented the company's half-year results and announced measures to “adjust” to the new reality of international markets in the era of the Covid-19 pandemic, including the end of production of the Jumbo 747 and the reducing the work dimension of your group.
The second largest Japanese manufacturer is forecasting an operating loss of $ 4,5 billion, a figure far above analysts' forecasts.
See more articles