Automotive News Europe - Talk From The Top Supplement - December 2019 - 36
AUTOMOTIVE NEWS EUROPE
TALK FROM THE TOP
Steady improvement
Toyota Europe boss takes aim at tougher profitability target
Meet the Europe boss
❚ NAME: Johan van Zyl
❚ TITLE: Toyota Europe
President and CEO
❚ AGE: 61
❚ MAIN CHALLENGE:
Adding plug-in hybrids and
electric cars to Toyota
Europe's successful hybrid mix
without hurting margins.
We will definitely stay in
M
ore than half of Toyota's European
that segment [minicars].
sales are hybrids and their success is contributing to the automaker's
sustained profitability in the region and
putting it in a position to achieve the
EU's tougher CO2 emissions reduc- are at in our plan, which is about grow- Akio Toyoda, said: The industry is going
tion target that will come into force ing margin on a sustained basis. It's no through huge change.
next year. Toyota will find it difficult to
use having one year at 8 percent and What is your capacity utilization in Euincrease profits because the EU plans
nothing the next year. I would like a rope?
even tougher CO2 targets, which will
steady
increase in profitability. We will
push the company to add expensive
It's well above 90 percent, including Rusachieve
sales and margin targets set in
full-electric vehicles and more plug-in
sia. We are running three shifts in Turkey
hybrids in Europe. South African Johan the 2015 five-year-plan one year early. and France and two shifts in Russia, the
van Zyl, who has led Toyota Europe That plan was ACE1000. The next phase UK and the Czech Republic.
since 2015, discussed this and more is ACE2000, which goes to 2025.
with Automotive News Europe Corre- Does the new plan have an 8 percent In 2021 Toyota takes ownership of
a joint-venture Czech Republic plant
spondent Nick Gibbs.
margin target?
currently shared with PSA Group. The
Toyota Europe finished the first half I can't say what it's going to be, but it's factory can build 300,000 cars annuof its financial year with a 4.2 per- not as high as that. If we achieve that it ally. What will you do with it?
cent profit margin. Where would you would be a miracle.
I can't tell you now, but we will utilize the
like to be?
full capacity in future.
Is
this
because
of
the
cost
of
electriWe always strive to be at around 8 perYou build the Aygo minicar there. Can
cent, but Europe is a really tough mar- fication?
ket. I am quite satisfied with where we That is one thing. As our president, you stay in that segment as CO2 tar-
36
www.autonewseurope.com
In Partnership with
2019
http://www.autonewseurope.com
Automotive News Europe - Talk From The Top Supplement - December 2019
Table of Contents for the Digital Edition of Automotive News Europe - Talk From The Top Supplement - December 2019
Contents
Automotive News Europe - Talk From The Top Supplement - December 2019 - Intro
Automotive News Europe - Talk From The Top Supplement - December 2019 - Cover1
Automotive News Europe - Talk From The Top Supplement - December 2019 - Cover2
Automotive News Europe - Talk From The Top Supplement - December 2019 - Contents
Automotive News Europe - Talk From The Top Supplement - December 2019 - 4
Automotive News Europe - Talk From The Top Supplement - December 2019 - 5
Automotive News Europe - Talk From The Top Supplement - December 2019 - 6
Automotive News Europe - Talk From The Top Supplement - December 2019 - 7
Automotive News Europe - Talk From The Top Supplement - December 2019 - 8
Automotive News Europe - Talk From The Top Supplement - December 2019 - 9
Automotive News Europe - Talk From The Top Supplement - December 2019 - 10
Automotive News Europe - Talk From The Top Supplement - December 2019 - 11
Automotive News Europe - Talk From The Top Supplement - December 2019 - 12
Automotive News Europe - Talk From The Top Supplement - December 2019 - 13
Automotive News Europe - Talk From The Top Supplement - December 2019 - 14
Automotive News Europe - Talk From The Top Supplement - December 2019 - 15
Automotive News Europe - Talk From The Top Supplement - December 2019 - 16
Automotive News Europe - Talk From The Top Supplement - December 2019 - 17
Automotive News Europe - Talk From The Top Supplement - December 2019 - 18
Automotive News Europe - Talk From The Top Supplement - December 2019 - 19
Automotive News Europe - Talk From The Top Supplement - December 2019 - 20
Automotive News Europe - Talk From The Top Supplement - December 2019 - 21
Automotive News Europe - Talk From The Top Supplement - December 2019 - 22
Automotive News Europe - Talk From The Top Supplement - December 2019 - 23
Automotive News Europe - Talk From The Top Supplement - December 2019 - 24
Automotive News Europe - Talk From The Top Supplement - December 2019 - 25
Automotive News Europe - Talk From The Top Supplement - December 2019 - 26
Automotive News Europe - Talk From The Top Supplement - December 2019 - 27
Automotive News Europe - Talk From The Top Supplement - December 2019 - 28
Automotive News Europe - Talk From The Top Supplement - December 2019 - 29
Automotive News Europe - Talk From The Top Supplement - December 2019 - 30
Automotive News Europe - Talk From The Top Supplement - December 2019 - 31
Automotive News Europe - Talk From The Top Supplement - December 2019 - 32
Automotive News Europe - Talk From The Top Supplement - December 2019 - 33
Automotive News Europe - Talk From The Top Supplement - December 2019 - 34
Automotive News Europe - Talk From The Top Supplement - December 2019 - 35
Automotive News Europe - Talk From The Top Supplement - December 2019 - 36
Automotive News Europe - Talk From The Top Supplement - December 2019 - 37
Automotive News Europe - Talk From The Top Supplement - December 2019 - 38
Automotive News Europe - Talk From The Top Supplement - December 2019 - 39
Automotive News Europe - Talk From The Top Supplement - December 2019 - 40
Automotive News Europe - Talk From The Top Supplement - December 2019 - 41
Automotive News Europe - Talk From The Top Supplement - December 2019 - 42
Automotive News Europe - Talk From The Top Supplement - December 2019 - Cover3
Automotive News Europe - Talk From The Top Supplement - December 2019 - Cover4
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