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Automotive News (February 8)

2024/ 02/ 11 by jd in Global News

“Toyota is too polite to gloat, but the world’s biggest carmaker may be close to a told-you-so moment when it comes to waning enthusiasm for electric vehicles.”


Financial Times (October 25)

2023/ 10/ 26 by jd in Global News

“Japan’s biggest automotive trade show acts as a gauge of how hard the country’s once unstoppable carmakers are ready to fight for survival. Increasingly it looks like an industry waiting for a miracle. The trillion-dollar question is whether solid-state batteries — a technology that promises greater range and safety than lithium-ion ones, and which Toyota has indicated it is near to mass producing — can be that miracle.”


Washington Post (July 12)

2023/ 07/ 13 by jd in Global News

Toyota could “upend the EV business even as that business is itself upending the wider autos industry…. Think about what a breakthrough along the lines of Toyota’s claims would mean: A battery that can power a vehicle for 745 miles on a single charge, recharge in 10 minutes or less and is far less prone to overheating and fire. In other words, all the current hang-ups about EVs — range, refueling time, safety — disappear.”


Fortune (December 31)

2022/ 12/ 31 by jd in Global News

“Tesla Inc. shares have fallen so far, so fast that some individual investors are piling in.” but the company still faces “mounting challenges” and remains expensive. “Even after this year’s record 65% drop, the electric-car maker’s meteoric surge during 2020 and 2021 has left it with stock-market value of $389 billion, more than Toyota Motor Corp., General Motors Co., Stellantis NV and Ford Motor Co. combined.”


New York Times (January 5)

2022/ 01/ 06 by jd in Global News

“Toyota Motor unseated General Motors as the top-selling automaker in the United States last year, becoming the first manufacturer based outside the country to achieve that feat in the industry’s nearly 120-year history.” Coming amidst a “tumultuous” year shaken by supply chain and manufacturing issues, the milestone also “underlines the changes shaking automakers… as they move into electric vehicles.”


Financial Times (November 25)

2020/ 11/ 27 by jd in Global News

“Tesla’s market value has surged to $500bn after a fresh wave of buying ahead of the electric-car maker’s debut on the blue-chip S&P 500 stock index next month.” Up over 600% this year, shares yesterday rose to $540. “Tesla’s market cap now exceeds “Toyota, Volkswagen, Hyundai, General Motors and Ford combined.”


Forbes (February 18)

2019/ 02/ 20 by jd in Global News

“Drawn by generous incentives and the opportunity to sell directly into a unifying Europe, the car industry became a poster child for inward investment.” Now the survival of this industry in the UK is at stake. Honda’s scheduled plant closing “comes after last month’s announcement of up to 4,500 job losses at Jaguar Land Rover and news that Nissan’s new X-Trail model is to be made in Japan, not Sunderland.” Furthermore, “Toyota and Ford have warned of negative consequences in the case of Britain editing the European Union without a negotiated deal.”


Bloomberg (August 1)

2018/ 08/ 02 by jd in Global News

“After earnings carnage at global auto rivals,” Toyota is in the “spotlight.” From Detroit to Seoul, Toyota’s global rivals “fell short of estimates and warned of more pain from the trade war.” In contrast, “the world’s most valuable automaker will likely report modest sales and earnings growth for the most recent quarter.” But going forward the automaker still “faces a fight on every front. Potential U.S. tariffs threaten to cripple demand in its biggest market, rivals continue to pull ahead in China, and at home, the top-selling Prius is suffering a slump in popularity.”


Financial Times (June 7)

2017/ 06/ 10 by jd in Global News

“Change seems inevitable. Japan’s traditional reliance on seniority-based management is crumbling fast, and there is a clear sense of alarm as Toyota, Panasonic and Sony all talk about hiring international talent with both the broader skills and mindset to survive the next wave of technological innovation.”


Bloomberg (June 30)

2016/ 07/ 02 by jd in Global News

“In total, Toyota recalled 3.4 million vehicles worldwide on Wednesday…. Kind of a big deal, but you won’t find a hint of it on the company’s investor relations site, or its global corporate newsroom or SEC filings.” While “Toyota is doing right by its customers” and notifying them of these problems, “it’s letting its shareholders down by making that information so difficult to quantify at a company level.” Toyota isn’t even “the most egregious offender.” That distinction arguably goes to Takata, but Toyota certainly has an opportunity to improve information disclosure.


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