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Toyota (TM) Agrees on Its Highest Wage Hike in 3 Decades
Zacks Investment Research· 2024-03-14 15:56
Toyota Motor Corporation (TM) has agreed to the union’s demand for an increase in wages and bonuses for the fourth consecutive year. This reflects a possible establishment of a sustainable wage-price cycle in Japan, coinciding with interest rate hike consideration by the central bank.The yen strengthened while government bond futures tumbled, indicating traders' anticipation of an imminent action by the Bank of Japan (“BOJ”). This followed initial reports of Toyota reaching an agreement with its unions.Per ...
Why Toyota Motor Stock Tapped the Brakes Today
The Motley Fool· 2024-03-13 16:56
Shares of Japan's Toyota Motor Corporation (TM -2.12%) slid 2.4% through 10:45 a.m. ET on Wednesday after a Wall Street Journal report spooked investors in the automotive sector.Reviewing a report on luxury driver-assistance features from the Insurance Institute for Highway Safety (IIHS), the Journal reported that 11 out of 14 car models surveyed scored "poor" or worse for having inadequate measures to prevent drivers from losing focus on the road. Saying the quiet part out loudAt the risk of stating the ob ...
Investors Heavily Search Toyota Motor Corporation (TM): Here is What You Need to Know
Zacks Investment Research· 2024-03-13 14:05
Toyota Motor Corporation (TM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +3% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Automotive - Foreign industry, to which Toyota Motor Corporation belongs, has gained 8.1% over this period. Now the key question is: Where could the stock be headed in the near term ...
Toyota Gives Back and Joins the Thrilling Action of the Inaugural Concacaf W Gold Cup as a Founding Partner
Prnewswire· 2024-03-12 16:00
PLANO, Texas, March 12, 2024 /PRNewswire/ -- Thousands of soccer fans flocked to stadiums in Houston, Texas, Los Angeles and San Diego, California to witness the first-ever edition of Concacaf's women's international competition, the 2024 W Gold Cup. Toyota joined in the action as an inaugural and official automotive partner of the competition. This helps solidify the company's continued commitment to inclusivity in soccer and creating more opportunities for all who are passionate about the sport.  Toyot ...
Advancing STEM Education: Toyota Provides Up To $9.3 Million In Arizona Schools
Prnewswire· 2024-03-05 17:30
Hands-On STEM Program, Community Resource Centers for Chandler, Tempe StudentsCHANDLER, Ariz., March 5, 2024  /PRNewswire/ -- Toyota USA Foundation announced grants of up to $9.3 million to prepare Chandler and Tempe students for future careers in science, technology, engineering and math (STEM). The collaboration is part of the Driving Possibilities initiative and is a five-year phased rollout of programing in select schools. Advancing STEM Education: Toyota Provides Up To $9.3 Million In Arizona School ...
Has Toyota Motor (TM) Outpaced Other Auto-Tires-Trucks Stocks This Year?
Zacks Investment Research· 2024-03-05 15:46
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Toyota Motor Corporation (TM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.Toyota Motor Corporation is one of 111 individua ...
Are You Looking for a Top Momentum Pick? Why Toyota Motor Corporation (TM) is a Great Choice
Zacks Investment Research· 2024-03-04 18:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Should You Invest in Toyota Motor Corporation (TM) Based on Bullish Wall Street Views?
Zacks Investment Research· 2024-03-04 15:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Toyota Motor Corporation (TM) .Toyota Motor Corporation currently has an a ...
Toyota recalls 381,199 vehicles over issues with brake performance
New York Post· 2024-03-01 15:30
Toyota Motor is recalling 381,199 Toyota Tacoma trucks with model years 2022 and 2023 in the US over a brake performance issue that increases the risk of a crash.The problem stems “welding debris left on the ends of the rear axle assembly during manufacturing,” which may lead to an axle shaft separation, Toyota said in a notice on Tuesday.The auto manufacturer said that affected customers will be notified via mail by late April 2024. Toyota declined to comment on how it learned of the defective brakes.This ...
Here is What to Know Beyond Why Toyota Motor Corporation (TM) is a Trending Stock
Zacks Investment Research· 2024-02-28 15:01
Toyota Motor Corporation (TM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +17.9% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Automotive - Foreign industry, to which Toyota Motor Corporation belongs, has gained 20.9% over this period. Now the key question is: Where could the stock be headed ...