South Korean media: Toyota's sales exceeded 5.1 million units in the first half of the year, setting a new historical high!
On September 8, South Korean media "Today's Finance" published an article stating that the world's largest automaker Toyota set a new historical high for both global sales and production this year.
On the other hand, Stellantis predicts that due to tariffs, its sales revenue will suffer a loss of about $1.7 billion this year, while Germany's Mercedes-Benz predicts that its operating profit margin will drop to 4% to 6% this year.
According to Reuters, Toyota announced that its global sales and production in the first half of this year both reached record highs, driven by strong demand in major markets such as North America, Japan, and China.
Global sales exceeded 5.1 million units, an increase of 5.5% compared to the same period last year. This growth was mainly due to the demand for hybrid vehicles, which currently account for about 43% of Toyota's total sales.
Global production reached 4.9 million units, an increase of 5.8% compared to the same period last year.
Looking at June alone, global sales increased by 1.7% to 867,906 units, and production increased by 7.4% to 854,565 units.
These figures include the production and sales of Toyota's luxury brand Lexus.
Transnational company Stellantis estimates that this year's US tariffs will cost it about $1.7 billion in losses.
Antonio Filosa, who was appointed CEO of Stellantis in May this year, said that Stellantis faced difficulties last year, but with the launch of new cars this year, it will re-establish contact with customers.
He said that restoring sales is the top priority, and added, "The sales in the first half of this year are far from the level we expect and need. We will expand our product line and add new products that are closer to customer needs."
Filosa said, "There is still a lot of work to be done. We are particularly focused on re-entering markets that we were unable to enter before."
Meanwhile, Mercedes-Benz stated that due to the trade war between the United States and the European Union, it expects the profit margin of its automotive division to be between 4% and 6% this year.
Last year, Mercedes-Benz's overall profit fell by 30%, and the profit of its automotive division alone fell by 40%.
Original: www.toutiao.com/article/1842669798775834/
Statement: The article represents the personal views of the author.