Japan’s Toyota has issued a distress call before it “goes under.”
Toyota’s CEO, Koji Sato, delivered a stark warning: “We will not survive if things continue as they are.”
His warning was addressed to nearly 500 top suppliers during the company’s annual supplier conference in Tokyo, citing the fierce competition from Chinese automakers.
https://x.com/Eng_china5/status/2045944003653435413
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WOW..WHO KNEW ?