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Toyota Relinquishes Stringent Quality Control Measures to Reduce Costs; Departing President Issues Stark Warning: Survival Hinges on Change
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Author：小编
The global automotive industry is undergoing a seismic shift driven by the rise of electric vehicles, a transformation that has brought Nissan to the precipice of bankruptcy and triggered a persistent decline in Honda's market share. Even Toyota, a longstanding leader in global car sales, is grappling with unprecedented pressures to its very existence. Last month, Koji Sato, who recently resigned from his position as Toyota's president, delivered a candid address at a supplier conference. Addressing an audience of 484 supplier executives, he sounded the alarm: "Without significant improvements, our survival will be in jeopardy."
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