Toyota Posts $9.4B Profit as EV Sales Rise and Pickup Production Shifts to Texas
Toyota reported $9.4 billion net profit for April–June, up from $5.3 billion a year earlier, with quarterly sales rising 10% to $85 billion. Currency effects added $2.2 billion to operating profit. For fiscal 2027, Toyota projects $20.6 billion profit and 9.7 million vehicle sales, while electrified U.S. sales rose 27.3% in July and pickup production is set to move from Baja California to San Antonio over four years.