HV is a cash cow, EV stalls, Toyota has overwhelming profit margin - Honda is profitable for automobiles

MSN - 16/05
When Toyota Motor Corporation released the world's first mass-produced hybrid vehicle (HV), the Prius, in 1997, it was said that HVs would lose money the more they were sold, but as the technology matured, there was a global reappraisal movement. As a result, it is becoming a "dollar box" product.

(Bloomberg): When Toyota Motor Corporation released the world's first mass-produced hybrid vehicle (HV), the Prius, in 1997, it was said that HVs would lose money the more they were sold, but as the technology matured and Due to the movement of reevaluation, it is turning into a ``dollar box'' product.

Toyota, which boasts a high share of the HV market, became the first Japanese company to have an operating profit of over 5 trillion yen in the previous fiscal year (ending March 2024). Sales of HVs increased in North America, Japan, and China, and the operating profit margin impro...
[Short citation of 8% of the original article]