Featured Threads
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Toyota financials look good
Source: https://www.reuters.com/business/autos-transportation/toyota-posts-76-jump-q3-operating-profit-2024-02-06/
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The Japanese firm raised its profit forecast for the year ending March to 4.9 trillion yen ($33 billion) from 4.5 trillion expected previously. That is well above an average analyst forecast of 4.6 trillion yen, according to LSEG data.
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Toyota's operating profit for the third quarter ended Dec. 31 was 1.68 trillion yen, beating the average 1.3 trillion yen profit estimate in a poll of nine analysts by LSEG.
Hybrid sales soared 46%, contributing to an 11% rise in overall vehicle sales. Hybrids accounted for around a third of the total sales of more than 10 million vehicles of its Toyota and luxury Lexus brands last year.
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There is more speculations in the article that others might share.
Bob Wilson -
EV vs Guardrail crash test
Good thing only EVs weight "nearly 4-ton".
Source: Crash tests indicate nation's guardrail system can't handle heavy electric vehicles | AP News
Last fall, engineers at Nebraska’s Midwest Roadside Safety Facility watched as an electric-powered pickup truck hurtled toward a guardrail installed on the facility’s testing ground on the edge of the local municipal airport. The nearly 4-ton (3.6 metric ton) 2022 Rivian R1T tore through the metal guardrail and hardly slowed until hitting a concrete barrier yards away on the other side.
My 2019 Tesla Model 3 weights 3,800 lbs, less than 2 tons with me, two dogs, and tool box on a truck stop, CAT scale.
Bob Wilson
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