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Yo2
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Comments by "Yo2" (@yo2trader539) on "Honda Asks 1,700 Chinese Workers to Resign; Auto Layoffs Surge Again. No More Good Days for Chinese" video.
They saw record profits in FY2023 (Apr 2023- Mar 2024).
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How can Toyota and Honda bankrupt when they're having record profits, while almost every Chinese automakers is losing money selling BEVs?
1
Japanese companies don't sell BEVs in China in large numbers. Most sales are hybrids or traditional ICE.
1