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International

Supply chain disruptions dent profits of Rolls-Royce, Toyota

August 05, 2022 Reprints

The adverse impact of supply chain disruptions on business operations, production and profits are visible in the results of carmakers Toyota Motor Corp. and Rolls-Royce Motor Cars Ltd., IOE&ET reported citing Bloomberg, Reuters and City AM. While Japanese carmaker Toyota saw 18% drop in profits in the second quarter due to the semiconductor shortage, U.K.-based Rolls-Royce’s profits plunged almost 60% in the first half of the year due to supply chain disruptions and inflation.

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Supply chain disruptions dent profits of Rolls-Royce, Toyota

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