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Tesla May Not Hit Its Lofty Sales Goals

Jalopnik

Happy Wednesday! It’s December 27, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Read more.

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Toyota pours cold water over hot EV targets – report

CarExpert

There could be another sales increase coming soon, though, given Toyota is soon expanding its lineup of EVs. million sales goal last year, Toyota CEO Koji Sato said the carmaker was planning to launch 10 new EVs between now and 2026. Upon announcing its 1.5

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Tesla walks back another big goal

CarExpert

Electric vehicle giant Tesla may have backtracked on ambitious sales goals which would have seen it comfortably become the world’s largest carmaker by the end of the decade. Since 2020, Tesla CEO Elon Musk has claimed the brand was aiming to sell 20 million vehicles annually by 2030.

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Lotus commercial chief leaves after 18 months

Autocar

These revealed a loss of close to £600 million in 2023, and showed that the firm is barely 5% of the way to its sales goal of 150,000 units in just four years ’ time. Johnstone’s departure follows the publication of Lotus Technology's first results as a listed company on 8 April.

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Lookers Leeds and Gateshead win Ford President awards

Motor Trader

Lookers Ford Gateshead and Lookers Ford Leeds have received the accolade, with judges ranking dealerships on areas including surpassing sales goals, high levels of customer satisfaction and overall experience. Two Lookers dealerships have won Ford President’s Awards in recognition of their customer experience and functional expertise.

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Lotus Europe boss leaves after a year

Autocar

These revealed a loss of close to £600 million in 2023, and showed that the firm is barely 5% of the way to its sales goal of 150,000 units in just four years ’ time. Johnstone’s departure follows the publication of Lotus Technology's first results as a listed company on 8 April.

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Genesis Seeks to Gain Independence from Hyundai

Automotive Addicts

Strategic hires, including industry professionals like Drew Slaven, have strengthened the company’s capabilities in regional sales goals and advertising strategies.