he’s already said they can’t compete with Chinese EVs, as has the Honda and Ford CEO. Past performance is no predictor of future outcomes and they’re both milking ICE for as long as they can while most of the world pivots away. Then retire and leave the next CEO yo deal with the shit show they left behind.
i think Toyota will survive, Nissan, Mazda, Honda will not. Suzuki’s pivot to India may work for them.
And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said (9) upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
even with motorbikes, Honda holds a huge lead in motorbikes around the world, Vietnam legislated to ban the sale of new ice motorbikes and what did Honda do ? petition them to not do that.
Seems to be doing alright.
Is Akio Toyoda STUPID? He should be making cars no one buys, like Musk! The genius!
he’s already said they can’t compete with Chinese EVs, as has the Honda and Ford CEO. Past performance is no predictor of future outcomes and they’re both milking ICE for as long as they can while most of the world pivots away. Then retire and leave the next CEO yo deal with the shit show they left behind.
i think Toyota will survive, Nissan, Mazda, Honda will not. Suzuki’s pivot to India may work for them.
https://moneywise.com/auto/auto/toyota-honda-ford-ceos-warning-china-portfolio
even with motorbikes, Honda holds a huge lead in motorbikes around the world, Vietnam legislated to ban the sale of new ice motorbikes and what did Honda do ? petition them to not do that.
For now. Wait till Chinese EV keep taking over.
That is such a telling response.
It’s not just Chinese EVS that are taking over, they also make ice and hybrid vehicles, and those are even eating Europe’s lunch.