Hyperdrive
Toyota Set to Dodge Earnings Nightmare Caused by Chips Crisis
- Japanese firm has managed through Covid and chip shortage
- Subaru, Nissan faced closures spurred by semiconductor dearth
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Investors should see two scenarios playing out among automakers in Japan this week as the nation’s biggest car manufacturers report their financial results.
On one side is Toyota Motor Corp., which thanks to its forward supply-chain planning has weathered the pandemic relatively well. On the other, everyone else, mired in a morass of factory closures due to the global chip shortage.