Toyota : the juggernaut japanese especially enticed by his countrymen

The japanese giant is no longer the number one in the world by number of vehicles sold, overtaken by Volkswagen and the alliance Renault-Nissan-Mitsubishi. Toyo

Toyota : the juggernaut japanese especially enticed by his countrymen

The japanese giant is no longer the number one in the world by number of vehicles sold, overtaken by Volkswagen and the alliance Renault-Nissan-Mitsubishi. Toyota appears to be yet always equally strong, with 10 million vehicles sold per year, a turnover of 220 billion euros and a 7.2% operating margin. Especially, Toyota remains by far the largest market capitalization in the automotive sector, with more than 170 billion euros, more than three times that of Daimler, its next immediate.

These figures are a predator potential. In the area strictly car, Toyota is especially interested in its japanese counterparts. In 2016, he has taken total control of Daihatsu, the specialist small car local. The giant nippon has also taken stakes in several japanese manufacturers. It is present in Subaru for many years, and now has 16.5% of the capital of the sixth japanese manufacturer. He took, in 2017, 5 % ...

Updated Date: 14 April 2019, 00:00

Kathleen Lees

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