Toyota Australia Achieves $137M After-Tax Profit

Toyota Motor Corporation Australia Limited (TMCA) today revealed an after-tax profit of $137 million for the financial year ended 31 March 2023.

Financial-year sales by Toyota and Lexus continued to represent more than one out of every five new vehicles delivered in Australia (20.5%), despite an overall decline of 5.5 per cent to 221,273 passenger cars, SUVs and commercial vehicles.

Availability of in-demand hybrid-electric vehicles was particularly affected by the global shortage…

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