Toyota's Record Profits Soar with Booming Hybrid Sales

Toyota's annual profit forecast has been boosted by 9% thanks to strong sales of high-margin and hybrid vehicles, with hybrid sales soaring 46% and contributing to an 11% rise in overall vehicle sales. Stellantis and Renault have no plans for a merger, Hertz is pausing its plans to buy 65,000 electric vehicles from Polestar, and Honda is recalling over 750,000 vehicles in the U.S. due to a faulty sensor that may cause the front passenger airbags to deploy when they're not supposed to.