Toyota's HUGE debt will doom them in fight with BYD and China's car industry

Toyota's HUGE debt will doom them in fight with BYD and China's car industry
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#toyota #debt #byd #chineseev #carindustry #evnews
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[@electricviking]

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[@dafkatan5459]

I'm my country Toyota was the number 1 seller for 3 decades. Now it's BYD! INSANE.

[@mauriciocaviedes6520]

Which country pal?

[@Anonymous------]

​@@mauriciocaviedes6520 Many countries are like this now, they used to buy Japanese cars but now they buy Chinese EVs mainly because EVs are in and ICE cars are out. Even non-Chinese EVs can't compete with Chinese EVs because Chinese EVs are better and lower prices.

[@whitesamurai]

China!

[@avdp9095]

@@dafkatan5459 in Europe, Byd complete salesflop....despite being sold via Toyota....., at least in the Benelux. Toyota nr2 in Europe after Vzw, just saying.

[@ArmadilloGodzilla]

​@@avdp9095Guess you mean VW.

[@jorgekumagai2672]

The times are changing and it will never be the same again.

[@Anonymous------]

And this is just the beginning.

[@Yippydog]

Yes. Reminds of Bob Dylan’s song Times They are a Changin’: Come gather 'round people Wherever you roam And admit that the waters Around you have grown And accept it that soon You'll be drenched to the bone If your time to you is worth savin' And you better start swimmin' Or you'll sink like a stone For the times they are a-changin' Yes indeed. Toyota better start swimming or they’ll sink like a stone!

[@hwleitner2009]

So many interesting EVs now on the streets of Jakarta and the fit and finish is as good and if not superior to legacy cars. A city which is perfectly suited to traffic congestion.

[@BrunoHeggli-zp3nl]

Nah Daihatsus are a way better deal!

[@martinleung212]

Are EV chargers available throughout Jakarta?

[@martinleung212]

Any comments on the "myth" that EV batteries tend to exode or burn? Any believable stat's?

[@divinematrix0607]

​@@martinleung212 nope there was no report on explosion yet

[@alvinset95]

@@martinleung212 its everywhere

[@Richard-s1d5q]

Wow. Kharmic retribution for the past 30 years of hubris and lying to the public is finally coming back to haunt Toyota...

[@dragonmares59110]

Toyota and it seems most old cars manufacturer (be it american, european or asian) seems simply unwilling to make any real effort into EV when it comes to the price of the car. As long as they continue to try to sell 40k+$ car instead of focusing on 20k- cars (aka affordable car) then they will continue to lose against the chinese.

[@Anonymous------]

Even if those legacy car makers set up factories in China to produce EVs, they still can't compete with Chinese brands due to the Chinese being much more smarter, efficient, flexible and clever in their thinking, also the Chinese consider the most benefits for the lowest prices for the consumers. BYD may not make any profit now or maybe it does, regardless, it will be making huge profit when it sells tens of millions of cars per year. The estimated global demand for Chinese EVs will be 50 to 100 million cars per year.

[@johnhkent2796]

We can’t get Chinese cars.

[@edomondo2958]

The Nokia moment of the auto industry is coming sooner than many people would expect.

[@peterhe7887]

😮

[@Pilch9]

@@peterhe7887omg! Well said. Toyotas conservative approach makes them the perfect Nokia of the automotive world

[@veganpotterthevegan]

​@@Pilch9Toyota has plenty of time peddling hybrids worldwide while they electrify cars. Many parts of the world are still barely buying ANY EVs

[@MichaelBrown-kk6ck]

So did the original Nokia moment.

[@micoots]

The year iPhone took over from Nokia, Nokia told investors they were expecting to sell 70mill phones... when I think of it I am still shocked how clueless they were that just around the corner was iPhone and they didn't know. You can't live off previous sales to predict new sales. Companies 50 or more years old go bankrupt.. it seems you're only as good as your last cook.. as chefs would say

[@markotten1755]

Thanks for these insights Sam, valuable!

[@MrEddie68000]

Toyota keeps fooling itself about what the future of transportation is going to be.

[@Pepper.123]

Didn’t they preach hydrogen? What happened there? lol fools

[@Richard-s1d5q]

The chickens are finally coming home to roost at Toyota. 🐔 🐔 🐔 🐔 Declining quality, severe recalls, catastrophically defective turbo V6 and Corolla GR engines, failing transmissions, poorly-engineered BEVs and a recent scandal involving falsification of safety certification data. I'm not sure Toyota's lawyers or its prodigious global advertising budget can save it from the downward spiral this time.

[@stopdropnroll]

Ironically Toyota was working with byd around 2018 for battery supply. Seeya Toyota, another Kodak moment.

[@Rubicon365]

The only time I will recommend anyone to buy a Toyota is if they want a reliable used ICE car

[@paulc6766]

Pre Toyoda as CEO (2009).

[@TheBjjones]

@@paulc6766 Exactly!

[@TheBjjones]

@Rubicon365 The Toyota of yore ain't the Toyota of today. Many of Toyota/Lexus newer vehicles are no more reliable than other vehicle brands.

[@Richard-s1d5q]

Toyota....The Pride Before The Fall....

[@alora1105]

I have two Toyotas, both have more than 430,000 km on them, 24 years old. Both are in daily use and in perfect condition. The journey goes on and on...

[@bjm23vancity92]

Thats when they made good cars...

[@glenndavid8725]

Until all the petrol stations close and they will because electricity is more profitable.

[@bjm23vancity92]

@ Not sure I have heard that before. Can you explain why?

[@Pilch9]

Good stuff. I’m gonna guess you are an amazing owner and takes the right care with all the mechanical bits. But in reality there are very few cars now that would not enjoy that lifespan of taken care of. And I’m not talking just basic dealer servicing. Old school oil change that is frequent, that sort of stuff. It also helps that there is almost nothing complex in a Toyota. Unlike a BMW which has more complexity than is humanly manageable. Hence no one can maintain it even if they want to. 😂 but anyway, good to hear you are getting great use of your cars. Keep it up, world needs more like you

[@Pepper.123]

Yep, your 24 year old Toyota compares well with a new Tesla.. what a difficult choice

[@myronp243]

Toyota are having a lot of engine recalls because of engine failures.This has been since 2021.Tundra and Tacoma both have major recalls.

[@ryanryan1993]

Sam, you are 100% correct if Toyota not adapting to EV quick enough for their stupidity. ICE car, truck, scooter, motorcycle, HD vehicle are still around but their footprint getting smaller and smaller year over year.

[@michellet2890]

Even they did it’s going to cost 100k plus

[@joeblack4026]

Have you seen Toyotas presentation on CES? That says it all.

[@leokh88]

In a few years later, there will be only 1 Japanese auto maker left, which is the combined of Toyota, Honda, Nissan and the rest.

[@byddf]

I agree that it will be only Toyota soon. I think other brands are defunct or stop making ICE car rather than merged into Toyota.

[@davefudurich4135]

Lack of Vision by management for Toyota did this not BYD , same as in Germany with VW ,BMW , and all the rest , no one to have a Vision ,oh wait there was one , but VW Fired Him , oh well .......

[@ranojap5010]

Too good too loose profit from ICE cars , but they are declining technology just like Kodak rejected digital technologies…

[@tylovset]

Not a Toyota fan, but I think they will catch up much faster than you predict, Sam. Here are EV's sold so far this year in Norway (EVs are 94% of new cars). Looks great for Volkswagen and Toyota, but not so much for Tesla and BYD! 1. VOLKSWAGEN ID.4 - 237 2. TOYOTA BZ4X - 235 3. VOLKSWAGEN ID.3 - 229 4. VOLKSWAGEN ID.7 - 131 5. NISSAN NISSAN ARIYA - 123 ... 9. TESLA Model Y - 35 (by far the most sold in 2024). ... 21. BYD SEALION - 15 22. TESLA Model 3 - 13

[@robertyeung7192]

I am surprised BYD have not build a plant in Australia yet

[@chrissmith-gz7gr]

Sam u keep talking about chinese evs. Toyota are a quality car company. U never mention reliability or quality. Toyota are proven so they could survive. But they need retrenchment to be smaller

[@davidrichards1741]

BYD and China EV is outselling Tesla here in SE Asia in 2025 so far, a market of nearly 1-billion ppl, by over 100 to 1.

[@byddf]

I think it is not as much as 100:1 in Thailand. However, it is true that Tesla is lack of sellers (dealerships/showrooms) so it doesn't penetrate Thailand's provincial car markets much. BYD, MG, etc, has sellers in many provinces.

[@davidrichards1741]

Tesla, Honda, and Toyota dealerships added Chinese brands here a year or two ago, and in he last few months turned exclusively to Chinese brands and dumped those others completely.

[@mamacryright5740]

Not only China's EV is a game changer globally but China is also gradually emerging as supreme leader in 4.0 industrial revolution. _"My only advice is to join BRICS if you can't beat em "_

[@stopdropnroll]

That’s just stupid, China is scrambling from one crisis to the next. Their demographics and economics are in ruins 😂 tf you talking about

[@bcluett1697]

BRICS is more likely to go to war with each other than make their rivals rich. They don't play nice together.

[@Anonymous------]

Very true. This is just the beginning.

[@scottthompson5855]

No thanks, but enjoy your Chinese car

[@chunkybeats79]

In my country (NZ) the Rav 4 was top selling car (just beating the Ford Ranger). The issue is my country is anti EV with it's current government but at the same time our market is tiny in comparison to otherd in the world.

[@casperhansen826]

EV will come strong in NZ within the next 3 years, they will be much cheaper to buy and they are cheaper to run and maintain. Even though NZ produces oil it still imports 109K barrels per day and EVs will help NZ, hopefully your government will soon realize that.

[@stoneju1392]

​@@casperhansen826 Ev is really friendly environment.

[@woollett]

Here in NZ in 2024 of the top ten best selling cars none were BEV's. It will be interesting to see if this changes this year.

[@bhabbott]

And the top-selling 'car' was the Ford Ranger. The 3rd and 4th best sellers were trucks too. Does this mean Kiwis prefer trucks now? Not exactly. Sales of new passenger cars were down 35% from 2023. SUVs were down 17%, but light commercials were up 3%. Conclusion - these trucks are mainly being bought for business use.

[@milohobo9186]

I had been on the Toyota train since my dad first got a Toyota Civic when I was a kid in the 80's. My first electric is a Bolt and I'm never going back to ICE. As I've been learning about what Toyota is doing squandering their place in the market while pushing against EVs in policy makes me pretty sure I'll never buy another Toyota again.

[@JohnZolla-bp7tl]

Rapid advances in EV technology is the reason I choose to lease. In three years I expect my Ioniq 5 will no longer be state of the art. Here in the USA we will probably continue to be held back by politics but I'm in Southern California so I hope some of the road blocks will be mitigated. 😎 We shall see. These are exciting times.

[@paulc6766]

Doesn't have to be state of the art, just has to serve your needs.

[@bjm23vancity92]

It might be state of art, nothing 3yrs old would be, but it will continue to be fantastic for many many years...

[@prolificity]

Thanks for the insights. This heavily assumes a Toyota that is so full of hubris that they will not do anything in response to the threat to their market position -- if anything, the movements in the Japanese market already indicate that they are now in full panic mode over Chinese EVs and are moving to consolidate and regroup. Whether the Japanese has time on their side and if they still have it in them to innovate and leapfrog or at least maintain parity in terms of technology and manufacturing capability with the Chinese when it comes to EVs, remains to be seen.

[@Ronick-Q-46]

They just can't see it the bubbles burst for EVs. BYD there time will come, Oh such Joy.

[@seekingforalítheia]

Total assets on the balance sheet as of September 2024 : $624.50 Billion USD. According to Toyota's latest financial reports the company's total assets are $624.50 Billion USD.

[@John-p7i5g]

Toyota are doing a roaring trade in hybrids. That will keep them going for the next 5 years. So they basically have that buffer to get their BEV and PHEV EREVs act together, and drop hydrogen like a hot potato. If however BEVs hit price parity earlier, then Toyota sales will drop off more quickly.

[@cagejones7757]

Hybrids can't compete in price though as they are much more complex than pure EVs.

[@coffeebuzzz]

Hydrogen was never going to work. Costs a lot more than petrol and no infrastructure to distribute it. Every building has a power point or you can make your own electricity for bugger all and run your car for almost nothing. Not even a close contest.

[@John-p7i5g]

@@cagejones7757 At the moment hybrids are mostly cheaper than most comparative BEVs and PHEVs, with the exception of the 51 and 64 MG4 during the price reduction. In a few years that may become true. Toyota hybrids are not that complex and apart from the traction battery needing replacing every 5-10 years, rarely fail. I know this because I drive a 20 year old Toyota hybrid.

[@Marianbiznesu]

​@@cagejones7757In a short run they can.

[@ahpong]

That won't sound good for Japan economy.

[@kprommoon]

Based on the provided debt-to-equity ratio of around 0.5-0.6, Toyota's financials appear to be healthy. This indicates a moderate level of debt compared to equity, suggesting that the company is not overly reliant on debt financing. However, it's important to consider other factors as well, such as: * Profitability: Toyota has consistently been profitable, generating strong cash flow. This allows the company to service its debt obligations and invest in future growth. * Cash Reserves: Toyota maintains substantial cash reserves, providing a buffer against potential financial challenges. * Industry Trends: The automotive industry is facing significant changes, such as the transition to electric vehicles. Toyota's ability to adapt to these changes will be crucial for its long-term financial health. Overall, while a single ratio like debt-to-equity doesn't provide a complete picture, the information available suggests that Toyota's financials are in a solid position.

[@docit53]

Not really. Are their ICE production lines an asset or a liability? If they are viewed as the latter, then their financial position starts to look quite precarious.

[@carzombieeatery3216]

Regional changes are occuring. China and Norway are doing things their own way. Toyota was #2 behind GM in the U.S. - Their ICE sales obliterate their EV sales.

[@mikekelly7963]

Globally, Toyota are still the number one car company by a long shot. You been predicting their demise for years, but it hasn't happened. They have been in the hybrid business for 20 years plus, and that is where the current consumer demand is.

[@burnerog]

The only thing that is indisputable is the EV revolution will go belly up eventually… because there’s no stopping the huge EV depreciation

[@petermaver8466]

Like a lot of legacy auto they bought the consultants advice that US car sales would be over 24m in the USA in 2024, reality only 10m sold. So they have massive overcapacity they are paying for. So not workers getting overpaid but unaccountable "consultants" getting overpaid for bad advice. If the boards of these businesses did their jobs instead of "outsourcing it" and employing "sales only CEO's" maybe this would not have happened.

[@charlesrovira5707]

The people who bought *Toyota* shares and/oe who lent *Toyota* money are about to _grab their ankles._

[@BrunoHeggli-zp3nl]

Why?

[@dougsheldon5560]

I just wonder if selling Chinese sedans would finally kill off the market for these massive pickups here in the US.

[@alans.4658]

Lol no. Big trucks are ego haulers

[@charlesrovira5707]

@7:47 The *Japanese* car industry is in merely the first stage of collapse: *Merger and Acquisition.* (A collision of the inept.)

[@fwmack1]

like coal in the mining industry ICE manufacturers will go the same way Economists call then stranded assets

[@Nguyen1996-w1p]

Geographically speaking, Australia is part of Asia, South East Asia where is the hub of the world economy now and in the future. It is a very lucky country.

[@franciscoyap5906]

Toyota is going bankrupt,Oh what a feeling TOYOTA.

[@nicksanta]

Hello BYD has been claimed to be closely tied to China's military. The current finance issues China has, tells me that BYD may be in financial trouble too. Regards

[@JKbang007]

你这消息完全是瞎扯

[@nicksanta]

@@JKbang007 Thankyou for the comment. I am not convinced. What can you share? I have spent my life compensating for the failures of others. I will share that industrial China has performed in an amazing way. I have also experienced the failures. Regards

[@JKbang007]

@@nicksanta 你好，首先BYD不是国企，是私企。第二是财务困境的原因是比亚迪的快速扩张，要知道BYD2020年的销量为42.69万辆‌‌，2024年是400多万辆。翻了十倍。所以需要建厂，建厂就需要贷款审批土地。即使是这样，在中国买BYD也要等一个月左右才能交车。最重要的一点是BYD在中国只是平民车，真正的好的其他品牌还是只在国内销售。

[@nicksanta]

@@JKbang007 Hello! Thanks for the reply. I have bought BYD equipment. I think the company is solid. Companies and Governments are different. Still can we do business?

[@JKbang007]

@@nicksanta 抱歉，我没明白你最后一句是什么意思

[@peterrimac3408]

With brown outs occuring regularly how is the power system going to supply 90% of vehicles.

[@qinfugu2816]

totally agree

[@wengelder9256]

Because u have zero understanding of Toyota finances , neither has this Viking

[@usuario8245]

Great content! I would love to see a Hyundai Motor analyses. cheers! 🤩

[@SunshineShane]

Toyota HJ60 4-liter-6 cylinder Diesel - 115 horsepower, no electronics: it was running in 1995, 2005, 2015, 2025 - and it will be running by 2035. They knew how to make solid cars before legislation and trends obliged them to squeeze double the horsepower out of half the engine size with zero tolerances, light parts, plastic parts, turbos, electronic engine management. Electric engines are indeed simple to make and reliable with a few moving parts. Batteries on the other hand became a complex chemistry technology with 20000 parts, soldering points, a myriad of cables, cooling and heating systems, software controlled charging management. It´s not just Toyota and Nissan, all automakers except Tesla are 10 years behind the Chinese.

[@paulc6766]

You don't accept the need for improved safety then.

[@RDstar8]

Ten years ago, Japanese cars dominated the market in China, and Japan’s car industry was thriving globally. However, today, Chinese consumers proudly support their local brands, and Japanese car sales have declined globally-except in the U.S., where Chinese cars are banned due to being seen as a competitive threat.

[@smoochdawg4547]

Truly terrible. They've been so loved for decades and are now building undersized crap with turbos. 😦😦😦😦

[@JoeChan-c5r]

Totally agree!!

[@春1995]

Why are Toyota factories in France increasing production of hybrid cars and hiring more French workers?

[@CatsMeowPaw]

I would sell all Toyota stock immediately. Pity stock in MG cannot be purchased as the company is 100% government owned.

[@evigano]

Not doubting you but would like to know how you reached to the numbers you mention of Debt and good vs bad debt? Any sources /links you can share?

[@mervhoward5821]

It’s the opposite in the UK. Prices have plummeted.

[@bjm23vancity92]

Sales are great but you don't have to be an accountant to know, less expenses is what really matters. Are they making any money or just incurring more debt to make unprofitable sales?

[@HLC64]

Hybrid or plug in hybrid is an answer for Toyota ? A possibility ?

[@COLLAPSE.of.US.ECONOMY]

Trusting yourself to get behind the driver seat of Toyota is like getting on board a Boeing plane. Your chance of dying is almost the same.

[@tsbrownie]

Toyota GMed it.

[@Pilch9]

Sam, I totally back you on this opinion. I have a background in the automotive industry, as well as F1. I witnessed their approach in those days and it is painfully conservative to the point of annoyance. Hence what you are highlighting to the car section and also why they could never have any success in f1. The reason they are reliable cars is because they use the same tech for much longer than any other brand and it’s well refined by then, but also obsolete. The change to EV has completely and utterly caught them out and their conservative approach will not be good for them as you highlighted. All they have left is this fictional consumer brand opinion that they are most reliable, which is probably true but let’s be real here, that would hold true for any brand if they never push the envelope. 😉 I’m not saying you can’t desire that in a brand, before people flame me, just be realistic about your brand. Look into marketing theory if you want to understand the reality of it. Good episode Sam. Hope the family is all good, best wishes.

[@samjohnson5044]

Can you give us an indication regarding how much of the explosive growth in EVs in general and BYD in particular is due to government subsidies and mandates? Or does it matter if there are government subsidies and mandates?

[@jamesheartney9546]

Many many government subsidies for ICE keeping petrol prices much lower than they would otherwise be, including the trillions spent on middle east wars. And the costs for climate change (both human and monetary) dwarf any EV incentives governments create.

[@samjohnson5044]

@jamesheartney9546 very good point. Thanks.

[@ryan6391]

I thought GM was going to tank yet here we are years later near all time highs and their earnings keep going up? I thought they were dying in China and they were loosing money on every EV they sell....what is the deal here?

[@9ftsurf]

What i dont understand is why noone talks about quality and reliability of chinese cars. Id rather pay a few grand more for a Toyota and have less issues in a few years time then having to replace various parts of chinese made car.

[@magellannh645]

IMO, Toyota's reputation for quality is a big part of why they still have a chance. OTOH, their recent quality problems (new V6, transmissions, etc) couldn't have come at a worst time. Combined, it all seems very likely to take its toll on their brand reputation and that'll mean lost sales when they really need stable cash flow. Also, consider many upstart brands have broken into mature markets by competing on price over quality. Different consumers prioritize different things and some are ok with lower quality if the price is low enough that it's still a good value overall. When Hyundai first came the US, everyone knew their cars were way less reliable than Japanese cars, but people perceived a net overall value. Eventually, Hyundai improved quality and now competes on other things, but lower cost/lower quality was a perfectly viable market entry strategy.

[@burnerog]

I wonder how many people will lament buying an EV if they live in the fire ravaged areas of Los Angeles and own an EV ?

[@Steve-co1ic]

I only owned one Toyota a Supra it was rapid but otherwise a shed

[@chunkybeats79]

"The car in front isn't a Toyota"

[@MichaelBraid-xf3dw]

Let's just see how many EV manufacturers in China are lost to debit

[@qilu2004]

Too bad the US still lacks affordable evs. Tesla is not affordable, not with its minimalism style. Meanwhile legacy brands are charging absurd prices for their cars AND repairs.

[@Ryanp-k5n]

Where did the information about Toyota's large debt come from? Toyota's financial status is very good, even the best compared to BYD and Tesla. Please provide information with data, not just assumptions.

[@johntalbert8227]

You made a big point about Toyota's debt. %90 Bad and %10 good. You explained the good debt but never explained what the bad debt consisted of? Anybody know what he was talking about?

[@jayceh]

Bad debt, as he's talking about, is debt that's directly senior to equity, with no collateralized asset. Finance debt, I wouldn't call it good, but the company won't lose money from necessarily, because they'll just repossess the asset - which is the vehicle. All car companies need finance debt because customers don't pay cash for cars most of the time.

[@aaron1823]

Toyota sales are up worldwide, in Australia they just smashed a sales record, where was your video on that?! BYD can’t even sell in the US, Toyota can.

[@Pepper.123]

Toyota had to lobby the government to put a 100% tax on the competition to survive. Same with VW in Europe

[@seekingforalítheia]

As of the last quarter, Toyota Motor Corporation ADR's total debt was $254 billion. Here are some other details about Toyota's debt:

[@seekingforalítheia]

total debt 254 billion and asset 624 billion other site 1.008 trillion for toyota

[@JasonKelly-o8i]

Toyota, like a lot of the large manufacturers did. Would build a new model and with minimum changes it would have a 10 year life span. Now with all the new cars especially from China are changing daily and new models have a very short life. Toyota will need to adapt to the new norm. They will survive though as many people blindly walk into a showroom and keep buying them. I've owned 2 Toyota's, wouldn't own a third.

[@umtatraining]

BYD has already finished-off Tesla in China (and possibly in other countries too) - now Toyota will also go down.

[@FrankiePo89]

@@umtatraining BYD has outsold Tesla, but Tesla is still pretty high up and not "finished off".

[@ysw8291]

@@FrankiePo89 Many Westerners will continue to support Tesla even if they were lemons. Remember the days when Toyota (and pretty much every other Japanese car) were called sardine cans?

[@FrankiePo89]

@@ysw8291 I like the competition. It is good for me as a consumer. But calling Tesla "finished off" is just so untrue.

[@BrunoHeggli-zp3nl]

Tesla is finished!It's a fact!Not growing in a fast growing global BEV market is a clear sign!Tesla is becoming fast irrelevant!

[@learnstudychinesewithdavid4738]

Good video

[@willymudhax99]

Chinese evs technology is giving the west and us sleepless night ..

[@ronaldjove5094]

Alot of car company will be like kodak.

[@vartulia]

Meanwhile in Australia, toyota broke its all time sales record. Just saying, there are always 2 sides to a story.

[@Calvin5150VH]

What you're saying is insane. I also think it's correct.

[@AllanWood-e4i]

Sam you talking technology alone,what about reliability build quality, dealer network.backup etc

[@seekingforalítheia]

1735 is a huge margin in car sale ?

[@marcelloabbate5684]

Can you kindly explain to us the viewers that Europe has passed a LAW that there will be no more combustion cars 🚗 sold in 2035

[@X5493-c7p]

Nissan aren’t as big as Toyota so who can possibly save them when they get to where Nissan was? It’s basically bye bye Toyota :-)

[@billbarr7591]

Extremely unlikely as Toyota has very popular ICE and Hybrid models that sell well all over the world. In the USA they have the least time on dealer lots, which you chose to ignore in a recent video. Legacy auto has issues but your bias is not really helpful to understand the true state of the global automotive industry.

[@jayceh]

It completely depends how much operating leverage - aka fixed cost as a % of revenue - they're using. If they have low leverage, a 5-10% drop in revenue is not a big deal. If they have high leverage, even a 10% drop in revenue which is surely coming will wipe out all their profits, leaving them to have close factories or face default

[@ysw8291]

Depends on how you define global.

[@jayceh]

@@ysw8291 I think he means the 40% of the global market protected by US & allies tariffs, not the 60% of the global south which is growing far faster and quickly being taken over by Chinese EVs

[@perperers2502]

You wrote it youself. Toyota make popular Ice and Hybrid vehicles, not EVs. As EVs are going to dominate sales in a few years time that strength is not an advantage.

[@JDMSwervo2001]

@@perperers2502how do you know EVs are going to dominate sales in a few years?

[@Rhotz-ix8ll]

I think you’re overlooking their commitment to hydrogen. /*sarcasm off*/

[@BrunoHeggli-zp3nl]

Toyota is doing very well!You better worry about Tesla!

[@michaelthomas7898]

Toyota banked on hydrogen, and it backfired.

[@crosslink1493]

"How much has changed in the Toyota Camry in the last 10 years? Not a lot." Yep, 10 year old Camrys still on the road and still running great, no problems. Even 5 year old Camrys still on the road and running great, no problems. How many BYD cars will still be on the road when they turn 10 years old?

[@tomtom9184]

Change happens pretty quick. EV are just superior and cheaper overall. The future is set.

[@psewgobind]

2025 Civic Hybrid is an example that the Japanese duel solution is better than dedicated EVs. The light-weight 4 cylinder that takes over at highway speed is more efficient than a dedicated EV.. I'm waiting for this solution to have plug-in capability and solid state battery before I buy into it (which should happen when battery prices tank).

[@MohsinWadee]

Toyota have till now been holding back on EVs, still hedging bets on hybrids globally. Their few EVs have been half-hearted in this context. They can still survive in the '30s if they actually put some heart into new EV models, and I'm sure they will if markets globally demand EVs. Toyota have the battery know-how, and if they build EVs in partnership with BYD or whoever they will thrive in the new world. One thing's for sure though - Toyota are not stupid or fools. They will adapt.

[@bcluett1697]

Nissan was basically being interfered with from the French side of ownership. Honda taking them over might be good but the debt load from the aquisition might sink them. I see Toyota buying up other failing companies and think it's the same scenario. Unless they were actually going to use the tech from Subaru they never should have touched them. Their leadership is slow and steady and when you aquire companies you need to be more dynamic and futurist in your ideas to try and find a way to make the purchase worth the money spent. Seeing rebadged Toyotas in Subaru trims is just not a good use of such an expensive endeavour. I'd sooner see them using boxer engines in large drones or small helicopters and turn Subaru into an aircraft company than this cloned to death strategy. It really reminds me of Chrysler when they purchased Eagle. One day will we see Toyota buying BYD cars and badging them like Dodge was with Mitsubishi Colts? Seems like history repeats. I don't think Toyota will go away but this could be a beginning to becoming another old money label on a new money brand.

[@Bluetop-ez8ic]

I can find no evidence that Toyota is in financial trouble. Toyota's strong earnings and diversified product lineup, including hybrids and next-generation internal combustion engines, are expected to contribute to stable earnings. It's worth noting that Toyota's financial situation is closely tied to the overall automotive sector, which is facing challenges due to declining valuations and weak demand for EVs.

[@seekingforalítheia]

does the electric viking is being paid for chinese companies ?

[@robfischer7457]

Lean Six Sigma was a path for CEOs to extract quality in the name of profitability.

[@crosslink1493]

Uh no.

[@wengelder9256]

Total nonsense . And six sigma has nothing to do with Toyota

[@robfischer7457]

@ maybe you should look up Toyota Lean Manufacturing, many of the same principles are applied

[@sad_clown]

Regional Australia is going to remain Toyota country for many years yet

[@chrisnewman7281]

when you say Byd seal not the best , quality cost so when you say ‘best’ that’s debatable. if you want to truly the best value you’re probably talking about Lucid then people will turn around and say that’s much more expensive … get my point

[@douglaswong6975]

BlackBerry? BlackBurry