Hans Greimel’s Post

Toyota Motor Corporation continues to CRUSH IT!! We've all seen Ford Motor Company, General Motors, Stellantis, Tesla and other's disappointing Q2 earnings. NOTE: Toyota's electrification strategy has proven exceptional. Plenty of BEV in the pipeline, to be slowly integrated with it's legendary top quality product. Some highlights from Toyota's latest quarter.... - Electrified vehicle sales including hybrids and battery-powered models climbed 24 percent to more than 1 million vehicles in the latest quarter. - Electrified vehicles accounted for 43 percent of the company's global retail sales in the quarter, up from 34 percent a year earlier.  - Weak yen...Toyota reaped a 370 billion yen ($2.3 billion) foreign exchange windfall in the latest quarter, accounting for the majority of the company's increase in operating profit over the period. - Toyota delivered an operating profit margin of 11.1 percent in the quarter, up from 10.6 percent the year before.  - Global revenue increased 12.2 percent to 11.84 trillion yen ($73.6 billion) in the quarter. - Net income increased 1.7 percent to 1.33 trillion yen ($8.27 billion) in April-June. PLEASE NOTE: We are currently soliciting for OEM, DEALER GROUP, SUPPLIER, SaaS contracts/other projects. Feel free to reach out to me directly. 416.993.9356 [email protected] #automotive #automotiveindustry #innovation #branding #technology #business #leadership #ai #artificialintelligence #ev #electricvehicles

https://lnkd.in/eGmnPJVm Toyota sales are falling by 5% across the world. Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Toyota has focused on the useless hydrogen fuel cell car Mirai and now the world's largest automaker paying a price for not focusing on the battery electric cars. Do you think this blow will wake up Toyota to make BEVs sooner? #Toyota #BEV #BYD

Demand for hybrid-powered vehicles in the U.S. is making up for sluggish demand for the Japanese automaker’s vehicles in Japan and China.

⚡🚗 📈 Why Automakers' EV Factory Investments Aren't Paying Off In The U.S. ? ● Global Factory utilization is around 50-60%, whereas the average factory utilization rate 40-80%. On Average, North American factories make about 70% of the cars they can produce. ● As of september 2024, there are about $261.5bn tied up in US EV Factory investments. ● EV sold in US in 2023: 1.3 million units. However recently, GM reduced it's EV target from 400K in (mid 2024) to 200-250K and GM will release more PHEV models, backtracking on product plan. GM's ICE plants runs at 82% of capacity, however it's EV plants are running at 24% capacity.(https://lnkd.in/dTxVkYim) ● Ford also reduced it's annual EV expenditure from 40% to 30%. They are expected to cost about $1.9bn (£1.5bn) in write-downs and new spending. Just a few years ago, Ford outlined plans for an aggressive push to electric vehicles, with hopes to produce some two million a year by 2026. (https://lnkd.in/dfNVTK7v) Honda and Toyota are becoming 1 & 2 number seller for hybrids and they are known for running plant more efficiently, not overproduce etc. Toyota EV sales in 2023 15,107 and hybrids 439,090 ⚡China EV Production Outlook: ● Chinese automakers are expected to continue rapidly expanding outside of China to achieve 33% of the global automotive market share by 2030. ● Sales outside of China are expected to grow from 3 million this year to 9 million by 2030, representing growth from 3% to 13% of market share by the end of this decade. ● The rapid expansion of Chinese automakers is a growing concern for legacy automakers and politicians globally. Many fear that the less-expensive, China-made vehicles will flood the markets, undercutting domestic-produced models, especially all-electric vehicles. ⚡Sources: ▪ CNBC : https://lnkd.in/dy6kSEWW ▪ https://lnkd.in/dMCh4k-i. ▪ China set to overtake Japan as world’s biggest car exporter: https://lnkd.in/d6gSacsy ▪ U.S. Investments in Electric Vehicle Manufacturing (2024): https://lnkd.in/dykMzWWy ▪ Overcapacity might result in high inventories, but that's not the case for Chinese automakers. : https://lnkd.in/dnxgiRyj #zeroemission #passengercars #batteryelectricvehicle #sustainability #sustainablemobility #battery #production #policy #growth #bev #phevs #sales #batterymaterial #electricmobility #emobility #europe #usa #europe #investment #slowdown

TOKYO - Toyota Motor Corp said Wednesday its global production fell 7.0 percent from a year earlier in the April-September period, marking the first drop in four years, as a quality scandal and weaker sales in China dented both domestic and overseas output. The Japanese carmaker built 4.71 million vehicles for its Toyota and Lexus brands in the first half of fiscal 2024, down from a record 5.06 million in the same period last year when an increased supply of semiconductors helped boost its global production. * Toyota is challenged by Chinese EV makers and it is looking for ways to survive overproduction and overcapacity as the Chinese-made All-Battery Electric Vehicles are taking up global marketshare. Even in Singapore, Land Transport Authority LTA prefers All-Battery Electric cars than Hybrids, like other Governments around the World, making unfair treatment to Toyota as Hybrid Inventor and Innovation 🌿 Look at VW, unlikely it can transit to Electrification and won't survive, when the 1st time in their history, needing to close factories in Germany and layoff German jobs - Classic textbook example of being Disrupted by Technology⚡️ Compared to Toyota is doing for now, but I foresee this Japanese Automaker will bring Plug-in Hybrid Electric Vehicles PHEV 100km as All-Electric Drive soon; likely, it will return to stability and keep their Kaizen spirit for Carbon-neutrality Mobility Solution.

Toyota Reduces 2026 EV Production Target Amidst Slow Sales Growth Toyota Motor Corporation, the world’s leading automaker, has significantly scaled back its electric vehicle (EV) production plans for 2026, according to a report by the Nikkei business daily. This adjustment signifies a notable shift in the company’s EV strategy as the momentum for electric car sales begins to slow. Revised Production Goals The Japanese auto giant now aims to produce 1 million EVs in 2026, down from its previously announced target of 1.5 million. This represents a one-third reduction in planned output, reflecting the changing dynamics of the market and evolving consumer preferences. Toyota’s Official Stance Despite the reported production […] by Haye Kesteloo #ev #Ford #GM #Make #SEC #Tesla #Toyota #UnitedStates #Volvo

[NEWS] Toyota decides to delay U.S. EV production until 2026: Here’s what we know – The delay puts a hold on plans at Toyota’s Georgetown, KY, plant—originally set to build the company’s first U.S.-made EV by 2025. Now, that $1.3 billion investment will be sitting idle a little longer. The reason? Nikkei Asia reports that Toyota is redesigning the vehicle – pushing back the start of production. Still – Toyota isn’t pulling back on EVs altogether. The automaker is pushing forward with a hybrid and EV battery plant in North Carolina with an $8 billion investment. But with only two EVs currently on the market, Toyota’s promises of seven new EVs for the U.S. and 10 globally by 2026 are uncertain… Read today’s top automotive stories, presented by Edmunds: https://lnkd.in/eD25dqFm (Data source: Toyota / Nikkei Asia)

Total sales of passenger vehicles and light commercial vehicles in Brazil totaled 208,000 units in April April’s sales volume rose 37% from a year earlier, with Fiat, Volkswagen and General Motors holding the top three spots with a combined 50% share Chinese automakers BYD, Chery Automobile and Great Wall Motor captured a combined 7% share In the first quarter of this year, Brazil was the fourth largest importer of Chinese automobiles in dollar terms, followed by Mexico in fifth place During the first four months of this year, Chinese automakers sold 48,000 new vehicles in Brazil, eight times the figure from the same period last year. The market share by the Chinese contingent has climbed from below 3% for the full year of 2023 Overall sales of EVs, plug-ins and hybrid vehicles grew 91% to an all-time high of roughly 94,000 units. BYD, Chery and Great Wall occupied three of the top five spots among sellers of such vehicles

😎🚗🚚12/05/2024: OICA's 5 major #automotive news summarized: **Light trucks, hybrids, bigger retail discounts boost US market in November; SAAR hits 16.7 million**   *Automotive News - December 4, 2024*   #US auto sales rose 12% in November, driven by hybrids, light trucks, and incentives averaging $3,291 per vehicle. Seasonally Adjusted Annualized sales Rate  hit 16.67 million, the highest since May 2021. Major automakers like Ford Motor Company and Toyota Motor Corporation saw significant hybrid sales growth, reflecting increased inventories and competitive pricing.   [Read more](https://lnkd.in/esY_dhmF)  **What’s Good for China Has Been Very Bad for General Motors**   *Bloomberg - December 5, 2024*   General Motors faces challenges in #China, with a declining market share (6.8%) and $347 million in losses this year. Intense competition from subsidized local brands like BYD has led to restructuring, job cuts, and over $5 billion in writedowns, threatening GM's long-term prospects in the region.   [Read more](https://lnkd.in/e7JVpePk)  **VW, Ford, Renault among automakers most at risk from U.K. EV fines**   *Automotive News Europe - December 4, 2024*   Volkswagen Group, Ford Motor Company, and Renault Group risk substantial fines under the #UK's #EV mandate, requiring 22% BEV sales in 2024. With VW facing over £200 million in fines, automakers rely on compliance credits from Tesla and others. Premium BEVs dominate, with more affordable models launching in 2025.   [Read more](https://lnkd.in/eXcKQiDR)  **Thailand extends EV production deadline, allows re-export to ease auto glut**   *Nikkei - December 4, 2024*   #Thailand delayed EV production targets until 2026 amid low domestic demand and oversupply. Automakers like BYD and Great Wall benefit from hybrid incentives and re-export policies. The government targets $13.7 billion in semiconductor investments and plans to train 86,000 workers to support a thriving electronics sector.   [Read more](https://lnkd.in/e8VFZaaP)  **VW CEO clashes with workers as conflict over closures, pay deepens**   *Reuters - December 4, 2024*   Volkswagen workers oppose CEO Oliver #Blume's proposals for plant closures and wage cuts amid competitive pressures from China. Union leader Daniela Cavallo demands shared sacrifices and warns of intensified strikes. Talks continue December 9, with #Germany’s Labor Minister urging compromise to secure industrial stability.   [Read more](https://lnkd.in/ep9HzKur)