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“Targets cut”, “Lower than expected” are things we will hear a lot in coming months, quarters and years from the dinosaurs then eventually: "we are filing for bankruptcy".

Source: https://www.reuters.com/business/autos-transportation/toyota-reports-25-drop-q2-profit-misses-estimates-2022-11-01/

I love you all,
Steven

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Maz

This happens to every large company. The are too many management layers that slow decision making and innovation. Ironically, about 10-20 years ago I remember Mr. Toyoda saying exactly this and how Toyota must avoid becoming a lumbering bureaucracy as it gets bigger. So much for that. I think it’s unavoidable. I hope Tesla can avoid it!

Ian Cleland

My Prediction: By The End Of 2025, There will be no more Internal Combustion Engine (ICE) vehicles manufactured and by the end of 2032, There will be 100% BEVs registered on Australian roads