From Torque News.

Toyota is having a Kodak moment, output drops and finally is getting a new electric SUV from Suzuki.

Welcome back to Torque News everyone. Before I tell you about Toyota’s Kodak film moment and the new electric SUV, please like this video and follow us on Telegram at TeslaEV channel at https://t.me/teslaev to stay in touch.

Toyota is Japan’s largest automaker and it is struggling as low-priced Chinese EV makers, like BYD, continue gaining an edge. Toyota’s global output fell for the first time in four years in the first half of 2024. Its worldwide output also dropped for 8th straight month in September. Now my question: is the company’s slow shift to EVs to blame?

#toyota

This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com/ for daily automotive news.

Reference: Toyota’s Kodak Moment from Torque News
https://www.torquenews.com/1/i-think-toyotas-kodak-moment-killed-company-unless-toyota-does-something-really-big-evs