Toyota’s July-September profit has sunk to less than half of what it was in the same period the previous year, as a production stoppage that followed a certification scandal and recalls dented vehicle sales.

Toyota reports its first quarterly profit drop in two years due to production challenges and declining sales in North America and Japan

Toyota Motor Corp. kept its annual profit outlook intact despite reporting quarterly results that were dragged down in Japan and China, as the carmaker showed signs of recovery from domestic scandals and major recalls in the US.