Toyota's outgoing CEO warns of an existential threat from rapid technological disruption and intensifying competition, particularly from China's advanced EV and tech ecosystem. The company is re-evaluating its production and quality standards to boost efficiency and speed, acknowledging that traditional advantages are no longer sufficient for survival in the evolving auto industry.
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Syndicated article · via economictimes.indiatimes.com
Toyota CEO flags survival risk despite record sales: Why the world’s largest carmaker is worried about its future
Toyota's outgoing CEO warns of an existential threat from rapid technological disruption and intensifying competition, particularly from China's advanced EV and tech ecosystem. The company is re-evaluating its…