AutomobilesToyota's record profits clouded by signs of overseas slowdown
Hybrids drive solid growth in Japan, but Chinese consumers favor rival EVs
Hybrid models like the Prius accounted for most of Toyota Motor's growth in sales volume last quarter. © Reuters
KAZUHIRO NOGUCHI and KYOHEI SUGA, Nikkei staff writers
NAGOYA, Japan -- Although strong sales of hybrid and luxury vehicles boosted Toyota Motor's net profit to an all-time quarterly high in the three months through June, the automaker is showing signs of losing momentum in markets beyond Japan where electric vehicles are gaining ground.