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Rajiv Prasad

President & Chief Executive Officer, Hyster-Yale, Inc.

Search every verified Rajiv Prasad interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Rajiv Prasad, President and CEO of Hyster-Yale, discussed the company's outlook during its fourth quarter 2025 earnings call, stating that the first quarter of 2026 is expected to mark the trough of the current cycle due to lower order intake levels from earlier in 2025. He expressed cautious optimism that improving customer confidence and stronger bookings would allow production and shipments to expand gradually, with meaningfully stronger volumes expected in the second half of 2026. Prasad also noted the company anticipates recurring annualized savings of $85 to $100 million by 2028 compared to the beginning of 2025, before inflationary cost increases. On the third quarter 2025 earnings call, Prasad addressed competitive pressures from low-cost foreign competitors, particularly in South America and Europe, which he said were most pronounced in the class 5 market for standard and value configurations, compressing margins. He also explained that the company was unable to pass on tariff-related costs for backlog trucks, as customers declined to accept price increases, resulting in a significant portion of a $40 million charge hitting the company's profit and loss statement. Prasad mentioned that Hyster-Yale was evaluating cost structures and plant utilization, with decisions expected in the coming weeks, and highlighted a pilot program with key customers involving internal automation implementation that had received positive feedback.

Recent appearances

  • Hyster-Yale Q4 2025 Earnings Call

    Hyster-Yale Q4 2025 Earnings Conference Call. If you find our work useful, please support us by purchasing a Super Thanks— it truly helps us a lot. #earningscall #StockMarketNews #conferenceCall Earnings Call | Earnings Conference Call | Earnings concall | concall | quarterly results | Stock News | Full Year results | Fiscal Year results | investment news | stock latest news If you want us to remove your company's earnings call or any other conference call, please reach out to [email protected].

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  • Hyster Yale, Inc HY Q3 2025 Earnings Call

    --------- Hyster Yale, Inc HY Q3 2025 Earnings Call --------- In this video, we’ll cover the latest quarterly earnings results, key financial metrics, and business highlights from the most recent reporting period. 🔔 Don’t forget to subscribe and follow us on X for more updates: https://x.com/Fyfull2 Disclaimer: This video includes segments from official corporate earnings calls and presentations, used for educational and informational purposes under fair use (Section 107, U.S. Copyright Act). No affiliation or endorsement by the companies mentioned is implied. All content rights remain wi…

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