Toyota’s CEO held discussions with Chinese officials amid shifting automotive strategies, while the automaker’s planned electric transition for the Highlander SUV faces potential setbacks. Production delays could leave dealerships without stock for an unspecified period, raising questions about the timeline for Toyota’s shift away from gas-powered models. The move reflects broader industry pressures to accelerate electrification, though execution challenges may test consumer and dealer confidence. Industry observers will watch closely to see how Toyota balances regulatory demands with supply chain realities.
CEO Jim Farley met with Chinese government officials in early September. Toyota planned a clean swap from gas to electric Highlander, but production delays may leave dealers without inventory for at ...
