Toyota Motor posted on Wednesday its first quarterly profit drop in two years as its weaker sales and production issues in two crucial markets - Japan and the U.S. - stalled the Japanese automaker's recent record run.

STORY: Japanese automakers Toyota and Honda both reported slipping quarterly profits Wednesday.Both companies cited falling sales and competition from China.Toyota's profits from July to September this year were 20% lower than the same time last year,

Toyota Motor cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.The Japanese auto giant said Wednesday that net profit dropped 55% from a year earlier to 573.

TOKYO (Reuters) - Toyota Motor posted a 20% decline in second-quarter profit on Wednesday, as slowing sales and production volume hurt results. The 1.2 trillion yen ($7.81 billion) operating profit compared to 1.4 trillion yen in the same period last year, and the 1.2 trillion yen average of nine analyst estimates compiled by LSEG.

The world’s largest automaker by sales volume saw a 20% year-on-year drop in operating profit. The company maintained a full-year operating profit of 4.3 trillion yen. Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years,

TOKYO, Nov 6 (Reuters) - Toyota Motor (7203.T), opens new tab posted its first quarterly profit drop in two years on Wednesday, as slowing sales and production volume stalled the Japanese automaker's recent record run. Toyota's operating profit for the ...

Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year.