Toyota Motor Corp. said Wednesday its net profit for the six months to September dropped 26.4 percent from a year earlier to 1.91 trillion yen ($12 billion), impacted by a quality scandal and weaker sales in China.Operating profit for the first half of fiscal 2024 decreased 3.7 percent to 2.46 trillion yen on sales of 23.28 trillion yen, up 5.9 percent, the Japanese automaker said.The automaker, still reeling from the recent quality scandal in which it admitted to not fully following government standards in vehicle tests, also downgraded its production outlook for the Toyota and Lexus brand…READ FULL ARTICLE
