Toyota(TM)
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Why Toyota and Honda vehicles have such high resale values
CNBC· 2024-11-04 16:00
Toyota and Honda have at times been called boring: Honda by its own engineers, Toyota more famously by a chairman descended from the company's founder.But while they may not have the luster of, say, European sports cars, these two Japanese brands have enviably high resale values. That means they retain more of their purchase prices than any other brand —and the same is true of their premium brands — Toyota's Lexus, and Honda's luxury Acura brand.It has been this way for years.Toyota has topped Kelley Blue B ...
Toyota Drives Student Success With $80,000 Donation to Schools in Arizona and Georgia in Support of Music Education
Prnewswire· 2024-11-01 16:00
Core Points - Toyota announced an $80,000 donation to support music education programs in schools located in Arizona and Georgia [1][2] - The donation will benefit Chandler High School in Arizona and several schools in Fulton County, Georgia, including Benjamin Banneker High School and Tri-Cities High School [1][2] - A student event was held at Tri-Cities High School featuring notable guests to inspire students about the importance of music [2][3] Company Initiatives - The donation is part of Toyota's broader commitment to education, which includes previous grants aimed at preparing students for careers in STEM fields [3][6] - The Driving Possibilities initiative by the Toyota USA Foundation focuses on creating educational programs in underserved communities [3][6] Employment and Manufacturing - Toyota employs over 48,000 people in the U.S. and has produced more than 34 million vehicles across its manufacturing plants [5] - The company plans to start manufacturing automotive batteries for electrified vehicles in North Carolina by 2025 [5]
Why Toyota Motor Stock Popped on Monday
The Motley Fool· 2024-10-28 17:20
When Toyota senses an accident coming, it wants to let AI take the wheel. Shares of Japanese automotive titan Toyota Motor (TM 2.26%) gained 2.6% through 12:25 p.m. ET Monday after Nikkei Asia reported that Toyota is partnering with local telecom Nippon Telegraph and Telephone (NTT) to develop artificial intelligence (AI) software that can predict an imminent accident and take control of a car to stop it. Yes, you read that right. Nikkei Asia just called Toyota an artificial intelligence stock, with all tha ...
Toyota's All-Electric bZ4X Campaign Spreads the Secret
Prnewswire· 2024-10-28 13:00
The campaign aims to raise awareness of Toyota's all-electric SUVPLANO, Texas, Oct. 28, 2024 /PRNewswire/ -- Toyota unveils its new marketing campaign for the bZ4X, "A Secret Worth Sharing," spreading the word that, yes, Toyota does make an all-electric vehicle.Experience the full interactive Multichannel News Release here: https://www.multivu.com/toyota/9299651-en-toyotas-all-electric-bz4x-a-secret-worth-sharing-campaign The spot “Gas Station” was developed by Saatchi & Saatchi as part of Toyota’s bZ4X ...
Toyota Motor Corporation (TM) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-10-24 23:06
The latest trading session saw Toyota Motor Corporation (TM) ending at $170.43, denoting a -0.53% adjustment from its last day's close. This change lagged the S&P 500's 0.22% gain on the day. Meanwhile, the Dow experienced a drop of 0.33%, and the technology-dominated Nasdaq saw an increase of 0.76%.Coming into today, shares of the company had lost 6.97% in the past month. In that same time, the Auto-Tires-Trucks sector lost 11.82%, while the S&P 500 gained 1.47%.The upcoming earnings release of Toyota Moto ...
Is It Worth Investing in Toyota Motor (TM) Based on Wall Street's Bullish Views?
ZACKS· 2024-10-24 14:36
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Toyota Motor Corporation (TM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Toyota Motor curren ...
Toyota Motor Corporation (TM) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-10-18 22:55
Company Performance - Toyota Motor Corporation's stock closed at $171.53, reflecting a +0.19% change, which lagged behind the S&P 500's gain of 0.4% [1] - Over the past month, Toyota's shares have decreased by 6.69%, while the Auto-Tires-Trucks sector declined by 4.73% and the S&P 500 increased by 3.76% [1] - The upcoming earnings report is projected to show an EPS of $4.39, indicating a 32.87% decrease compared to the same quarter last year, with revenue expected at $79.78 billion, a 0.81% increase year-over-year [1] Annual Estimates - For the full year, earnings are projected at $21.70 per share and revenue at $323.54 billion, reflecting changes of -14.4% and +3.67% respectively from the previous year [2] - Recent shifts in analyst projections for Toyota are important as they indicate changing business trends, with positive revisions suggesting optimism about the company's outlook [2] Valuation Metrics - Toyota currently has a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 7.89, which is a premium compared to the industry's average Forward P/E of 6.74 [3] - The company has a PEG ratio of 0.3, significantly lower than the average PEG ratio of 0.74 for Automotive - Foreign stocks [3] Industry Context - The Automotive - Foreign industry is ranked 191 in the Zacks Industry Rank, placing it in the bottom 25% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]
Toyota Motor Corporation (TM) Declines More Than Market: Some Information for Investors
ZACKS· 2024-10-17 23:05
The latest trading session saw Toyota Motor Corporation (TM) ending at $171.20, denoting a -0.17% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.02%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%.The the stock of company has fallen by 2.95% in the past month, leading the Auto-Tires-Trucks sector's loss of 3.97% and undershooting the S&P 500's gain of 3.77%.The upcoming earnings release of Toyota Motor Corporation will ...
Toyota joins with Hyundai's Boston Dynamics on AI-powered robots
TechXplore· 2024-10-17 14:32
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Toyota Motor Corp.'s research unit and Hyundai Motor Co.'s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence. The partnership will pair Toyota Research Institute's expertise in large behavior model learning for machines with Boston Dyna ...
Toyota GAZOO Racing Unites with Toyota North American Motorsports
Prnewswire· 2024-10-17 14:00
Core Points - Toyota Motor North America (TMNA) will rebrand its racing division from Toyota Racing to Toyota Gazoo Racing North America (TGRNA) before the 2025 motorsports season, aligning with global Toyota Gazoo Racing efforts [1][2] - The rebranding aims to enhance the connection between Toyota's racing programs and its global motorsports initiatives, while maintaining the championship-level performance achieved under the previous name [1] - Toyota has a 60-year history in motorsports, achieving significant victories across various championships and events globally, and TGRNA will focus on delivering excitement to fans and improving production vehicles through racing [1] Motorsports Participation - Toyota's NASCAR Cup Series entries will continue to use the Camry nameplate, while Xfinity Series entries will race in GR Supras, and NHRA teams already compete under the TGR banner [2] - The Toyota GR Cup will commence its third season in 2025, featuring the Toyota GR86, emphasizing Toyota's commitment to producing race-inspired vehicles [2] Upcoming Racing Season - The 2025 racing season will begin at Daytona International Speedway with a GT4 race featuring GR Supras on January 24, 2025, followed by the NASCAR season starting with the Cup Series Clash on February 2, 2025 [3] Company Overview - Toyota has been a significant presence in North America for over 65 years, employing more than 63,000 people and producing nearly 47 million vehicles across 12 manufacturing plants [4] - By 2025, Toyota will open a 13th plant in North Carolina to manufacture automotive batteries for electrified vehicles, reinforcing its leadership in electrified options with 30 available models [4]