DAILY ROUNDUP | MAY 11 | Toyota Profit -49%, Loaners 50-to-12, Used EV Demand +59%
Auto News Talk por Auto News Talk
Notas del episodio
Toyota’s revenue rose to 12.6 trillion yen, but operating profit still fell 49%, showing how brutally input costs, tariffs, labor, and EV competition are compressing margins.
Today’s episode follows that squeeze from Toyota’s $10 billion North American localization plan to NADA’s service-bay discipline, Palm Springs Nissan’s loaner fleet cut, and a used EV market where demand is up 59% year over year.
Today's Key Headlines
~Toyota revenue rises to 12.6 trillion yen while operating profit falls 49%
~Toyota plans $1 billion across two U.S. plants within a $10 billion North American localization push
~NADA says busy service bays must be converted into actual billed hours
~Palm Springs Nissan cuts its loaner fleet from 50 vehicles to 12
~Used EV demand jumps 59% year over year as three- to five-year-old E ...