On November 6, Toyota President Akio Toyoda said on a conference call on financial reports that,Tesla has a higher market value than seven Japanese automakers, including Toyota, combined.
however,Its business is like a restaurant that is still selling recipes, while Toyota is more like a restaurant that has already served a large number of customers, producing and selling far more cars and types than Tesla.
'I think it's like kitchens and chefs, if you want to use metaphors,' Mr. Toyoda said. 'they haven't created a real business in the display world, they're still selling recipes, and chefs say our recipes will become the world standard for the future.
Toyota has real kitchens and chefs. We make real food. Some customers are very picky about what to eat. They are already sitting in front of us and eating our food.
He said,Toyota produces and sells far more cars and types than Tesla, and now has more than 100 million. Toyota offered
A few days ago, Toyota announced the second quarter of fiscal year 2021 (July September 2020) results.
Data shows that during the reporting period, Toyota achieved total sales revenue of 6.77 trillion yen (about 431.1 billion yuan), down 11.3% year-on-year. Net profit was 481.741 billion yen (about 30.8 billion yuan), a year-on-year decrease of 12.8%.
The net profit attributable to the company was 470.525 billion yen (about 30.1 billion yuan), a year-on-year decrease of 11.3%.
Toyota expects its operating profit to reach 1.3 trillion yen (about 83 billion yuan) in 2021 fiscal year (April 2020 to March 2021), far higher than the previous forecast of 500 billion yen (about 32 billion yuan).
Toyota said the recovery in performance is closely related to the good sales performance in the Chinese market.
From January to September 2020, the sales volume of Toyota in China will reach 1.624 million units, with a year-on-year growth of 6.9%; among them, 179400 new cars will be sold in China in September, with a year-on-year growth of 25.3%, and the monthly sales volume will reach a record high.
In terms of vehicle models, the cumulative sales volume of several models such as corolla, leiling, RAV4 Rongfang and Camry exceeded 100000, with an amazing growth momentum.
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