Toyota Faces $4.3B War-Driven Hit as Hybrids Rise and Rivals React
Toyota expects about 670 billion yen ($4.3 billion) in costs this financial year from the Iran conflict, driven by higher material costs, delivery delays and weaker sales; U.S. hybrid sales rose 37% as buyers seek fuel efficiency while EV demand lags; GM plans to boost pickup inventory after Ford's F-150 supply snags; Mercedes-Benz recalls 144,049 U.S. vehicles for infotainment/display issues.