Toyota President Akio Toyoda said he did a 'happy dance' after the company outsold General Motors in the U.S. in 2021 and remains steadfast in its future plans.
Toyota president Akio Toyoda said he was overjoyed when his"I actually did a little 'happy dance' in my office," Toyoda said. "Thankfully nobody saw it!"Akio Toyoda has led the automaker since 2009.to GM's 2.218 million during the parts supply-constrained year to dethrone its rival for the first time since 1931. It was also the world's top-selling automaker for the year.
Toyota held on to the top spot in the U.S. through the first quarter of 2022, but General Motors was able to overtake it in the second quarter to pull ahead for the first half of the year. GM has committed to having an all-electric light duty vehicle lineup in the U.S. by 2035.
He rejected criticism of Toyota's roll-out of all-electric models in favor of a mix of vehicles that includes traditional hybrids and non-hybrids."Playing to win means playing with all the cards in the deck - not just a select few," he said in a video shown to dealers.Toyota dealer Steve Gates, who owns several outlets, agreed and told Reuters that "you can't make a living just selling EVs.
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