Toyota(TM)

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Toyota Motor Corporation (TM) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-01-26 00:01
Toyota Motor Corporation (TM) closed at $199.56 in the latest trading session, marking a -0.58% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.53%. Elsewhere, the Dow gained 0.64%, while the tech-heavy Nasdaq added 0.19%.Shares of the company witnessed a gain of 11.07% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 7.52% and the S&P 500's gain of 2.48%.The investment community will be paying close attention to the ...
Toyota predicts EVs will never take more than 30% of market
Proactive Investors· 2024-01-23 12:10
Toyota’s chairman has fired back at criticism the carmaker has been too slow to adopt electric vehicles by stating they will never take more than 30% of the market. Petrol, diesel and hydrogen-fuelled cars will always have a much bigger share, according to Akio Toyoda who was speaking at an event broadcast on Tuesday. Toyoda has faced the brunt of criticism for Toyota’s cautious approach to EVs where despite being the world’s largest carmaker overall it is trailing well behind Tesla and its fast-growing Chi ...
Why Toyota Motor Corporation (TM) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-01-22 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...
Toyota Motor Corporation (TM) Advances But Underperforms Market: Key Facts
Zacks Investment Research· 2024-01-20 00:05
The most recent trading session ended with Toyota Motor Corporation (TM) standing at $200.67, reflecting a +0.29% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.23% for the day. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 1.7%.The company's stock has climbed by 10.63% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 6.49% and the S&P 500's gain of 0.94%.The investment community will be paying close a ...
All-New Toyota Prius/Prius Prime Wins 2024 North American Car of the Year Award
Prnewswire· 2024-01-08 17:00
PONTIAC, Mich., Jan. 8, 2024 /PRNewswire/ -- Since the unveiling and subsequent launch, the all-new Toyota Prius/Prius Prime has earned high praise and accolades throughout the auto industry. The vehicle responsible for starting the hybrid revolution nearly 25 years ago earned one of the most coveted awards in the automotive sector – the 2024 North American Car of the Year. All-New Toyota Prius/Prius Prime Wins 2024 North American Car of the Year Award The 2024 North American Car, Truck and Utility Veh ...
Are Investors Undervaluing Toyota Motor (TM) Right Now?
Zacks Investment Research· 2024-01-08 16:23
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...
Toyota Motor North America Reports 2023 U.S. Sales Results
Prnewswire· 2024-01-03 16:00
Toyota is projected to be the number one retail brand for the 12th consecutive year Electrified vehicle sales – battery, hybrids, plug-ins and fuel cells – surge 30 percent and make up nearly one-third of total sales volume 26 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2024 PLANO, Texas, Jan. 3, 2024 /PRNewswire/ -- Toyota Motor North America (TMNA) today reported year-end 2023 U.S. sales of 2,248,477 vehicles, an increase of 6.6 percent on a volu ...
Toyota subsidiary shuts down production after admitting to decades of fraudulent safety test results
New York Post· 2023-12-30 15:29
A Japanese car manufacturer has temporarily shut down production after admitting to decades of fraudulent safety test results.“We recognize the extreme gravity of these irregularities, their causes, and the recommendations to prevent their recurrence identified during the Independent Third-Party Committee’s investigations,” automaker Daihatsu wrote in a statement on the company’s website.“We will not only review and revise certification application operations, but we will also make sweeping reforms to our ...
Toyota subsidiary shuts down production after admitting to decades of safety test 'irregularities'
Fox Business· 2023-12-30 12:25
A Japanese car manufacturer has temporarily shut down production after admitting to decades of fraudulent safety test results. "We recognize the extreme gravity of these irregularities, their causes, and the recommendations to prevent their recurrence identified during the Independent Third-Party Committee’s investigations," automaker Daihatsu wrote in a statement on the company’s website."We will not only review and revise certification application operations, but we will also make sweeping reforms to our ...
Tesla Cybertruck involved in first reported crash – demolishes Toyota Corolla's front end in head-on collision
New York Post· 2023-12-29 12:36
Tesla’s stainless steel Cybertruck was involved in its first reported accident after finally hitting the road last month — and it wasn’t pretty for the other car.A Toyota Corolla was left crumpled after appearing to collide head-on with the fully electric, bomber-like vehicle on Thursday, according to a Reddit post that showed photos of the accident.The Toyota’s front end was completely demolished, and the sedan’s side airbags deployed as it rested on the side of the road with its hood popped open and a he ...