Toyota is recalling 280,000 of its pickup truck and SUV models over a safety issue where the transmission may not disengage entirely when in neutral, causing the vehicles to “creep forward.”“Certain parts of the transmission may not immediately disengage when the vehicle is shifted to the neutral position,” the Japanese automaker said in a notice on Wednesday.“This can allow some engine power to continue to be transferred to the wheels and can allow the vehicle to inadvertently creep forward at a low speed ...

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ToplineToyota announced Wednesday it is recalling nearly 280,000 Toyota Tundra, Sequoia and Lexus LX 600 vehicles because of a transmission problem that can result in cars rolling forward while in neutral.Toyota's recall impacts almost 280,000 vehicles. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP ... [+] via Getty Images)AFP via Getty Images Key FactsThe recall impacts some 2022 Toyota Tundra pickups and Lexus LX 600 SUVs, as well as 2023 and 2024 Toyota Sequoia SUVs, according to the Associated Pres ...

Over the last four quarters, Tesla generated total revenue and earnings of $96 billion and $15 billion, respectively. Toyota’s revenue and earnings are roughly three times larger at $299 billion and $44 billion. Yet Tesla’s market cap is more than double that of Toyota.   Tesla shares have soared since going public, while Toyota and other major auto manufacturers’ shares have meandered along. Since going public in 2010 at $1.59 (split adjusted), Tesla shares are up nearly 12,000%. That figure is more stun ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...

PLANO, Texas, Feb. 12, 2024 /PRNewswire/ -- Toyota Motor North America (TMNA) today announced executive changes designed to drive continued growth, advance its commitment to vehicle electrification, and prepare for the future of mobility. The following manufacturing changes are effective immediately.Promotions: Toyota Motor North America Announces Executive Changes - Kevin Voelkel is promoted to senior vice president, vehicle plants. In this position, he will be responsible for overseeing North American ...

Shares of Toyota Motor (TM -0.82%) were gaining this week after the automaker reported strong third-quarter results, showing that its strategy of investing in hybrid vehicles instead of electric vehicles (EVs) is paying off.The news came as investor sentiment in the auto sector continued to shift from EVs toward legacy automakers. As a result, Toyota finished the week up 10.8%, according to data from S&P Global Market Intelligence. Toyota is figuring it outThe world's biggest automaker by vehicles sold post ...

Toyota (TM) posted third-quarter fiscal 2024 earnings of $6.81 per share, surpassing the Zacks Consensus Estimate of $3.66 and surging from the year-ago earnings of $3.78 a share. Consolidated revenues came in at $81.5 billion, beating the consensus mark of $73.7 billion and rising from $69.16 billion in the year-ago quarter.  Toyota — currently carrying a Zacks Rank #3 (Hold) — had cash and cash equivalents of ¥7.58 trillion ($53.77 billion) as of Dec 31, 2023. Long-term debt was ¥19.25 trillion ($136.6 bi ...

Toyota Motor’s shares 7203, +4.82% rose sharply to a record high, extending the previous day’s gains after the automaker raised its fiscal-year earnings forecast. Shares were recently 4.9% higher at 3,289 yen after rising as much as 7.3% to a record intraday high of Y3,364 earlier Wednesday morning. Toyota said Tuesday that it expects net profit to climb 84% to 4.500 trillion yen ($30.42 billion) for the fiscal year ending March as hybrid vehicles lead sales growth. It previously forecast a 61% increase ...

Toyota announced Tuesday the automaker is pouring another $1.3 billion into its flagship Georgetown, Kentucky, plant, where it will begin producing a new all-electric SUV. The Japanese automaker says the project will bring its investments in the plant to nearly $10 billion. Ticker Security Last Change Change % TM TOYOTA MOTOR CORP. 218.86 +15.83 +7.80% Toyota Motor Corp "Today’s announcement reflects our commitment to vehicle electrification and further reinvesting in our U.S. operations," said Kerry Creech ...