Stellantis on track to become the Worldwide Most Profitable Automaker!

[AlexB]

https://global.toyota/pages/global_toyota/ir/financial-results/2022_4q_summary_en.pdf

Toyota Operating profit (Including Financial Services) $22.9 billion (April 2021-March 2022).

Toyota’s guidance:Toyota warns 'unprecedented' raw materials costs could cut profits by 20%

“Toyota expects its operating profit to slip to 2.40 trillion yen ($19.7 billion) for the current fiscal year, down from 3 trillion yen ($22.9 billion) in its last fiscal year that ended in March.”

Toyota operating profit forecast (April 2022-March 2023): $19.7 billion

Stellantis Operating profit (Worldwide) for 2021: $20.4 billion
Base on the Q1 Revenue performance, Stellantis is looking at a sizable increase in operating profit thanks to the increases in North and South America regions profitability: areas where thanks to Sergio & crew Company reigns supreme in EBIT profits:Stellantis Q1 Sales CCall with Palmer: talks about Jeep, Dodge,and the most important number of North America
So going from “burning Italian House” known as FIAT 2000-2005, near Bankrupt PSA (2012-2015) and the Bankrupted (and nearly liquidate and shuttered) artist known as Chrysler to coming together to dethrone the Japanese all-mighty Champion (Toyota) to become World’s Most Profitable Automaker is one awesome feat that won’t be full appreciated.