Core Viewpoint - The current market conditions suggest that investing in established automakers like Toyota may present a contrarian opportunity despite recent underperformance compared to the S&P 500 index [1] Group 1: Market Performance - Toyota retained its position as the world's top carmaker with unit sales of 5.16 million vehicles in the first half of the year, although this was nearly 5% lower than the same period in 2023 [2] - The company faced significant challenges in Japan, with a 32% year-over-year decline in total unit sales due to a testing scandal involving its Daihatsu division [2] - Sales in China also fell by almost 11% due to sluggish economic growth and increased competition from domestic manufacturers [2] Group 2: Sales Dynamics - Despite challenges in certain markets, Toyota's sales in North America increased by nearly 15%, driven by the popularity of its traditional internal combustion engine and hybrid models [3] - In Europe, Toyota's sales rose by just over 10%, indicating a favorable reception for its hybrid offerings [3] Group 3: Strategic Shifts - Toyota is shifting its strategy to increase hybrid production and invest in alternative green technologies, including hydrogen vehicles, positioning itself well if the electric vehicle market slows down [4] - Analysts predict a dip in profitability for fiscal 2025, with earnings per American depositary receipt (ADR) expected to decrease from $22.58 to $21.71, but a recovery to $22.85 is projected for fiscal 2026 [5] Group 4: Dividend and Investment Outlook - Toyota offers a reliable dividend yield of just under 2.2%, which is more attractive than the average 1.3% yield of S&P 500 stocks [6] - The company's strategy, while once seen as outdated, has proven viable, and its strong brand and technology are expected to maintain its competitive edge [6]

BMW will help Toyota grow -- not that Toyota needs help.Toyota Motor (TM 2.94%) stock raced 3% higher through 9:50 a.m. ET Tuesday after Nikkei Asia reported on a strengthening alliance between the Japanese automotive titan and Germany's BMW (BAMXF 1.08%) (BMWYY 0.65%). According to the report, BMW is hoping to produce a mass-market hydrogen fuel cell automobile in a few years -- and wants Toyota to help.Toyota and BMW: Better together?Toyota and BMW will officially announce their expanded partnership early ...

Core Insights - Southeast Toyota Finance (SET Finance) has been ranked No. 1 in dealer satisfaction among Captive Mass Market-Prime Automotive Finance Lenders for the second consecutive year by J.D. Power in the 2024 U.S. Dealer Financing Satisfaction Study [1][2] - The study involved responses from 4,472 auto dealer financial professionals and measured satisfaction across five lender segments, with SET Finance achieving an Overall Dealer Satisfaction score of 889, which is 79 points higher than the second-ranked lender [2] Company Overview - SET Finance, established in 1981, is the first auto finance company in the U.S. for an import car manufacturer and is part of World Omni Financial Corp [3] - The company provides a wide range of financing and leasing options to support Toyota dealers and their customers, focusing on enhancing customer experience and dealer support [3][5] - SET Finance is recognized as the leading provider of finance and lease options for new Toyota vehicles in its operational regions, maintaining a strong market share and dealer satisfaction [5] Industry Context - The automotive finance industry is evolving rapidly, with SET Finance emphasizing the adoption of new technologies to improve dealer connections and service offerings [2] - J.D. Power is a global leader in automotive data and analytics, providing insights that help companies optimize business performance within the automotive sector [4]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Toyota To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Toyota between June 25, 2022 and June 2, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Toyota Motor Corporation (“Toyota” or “the Company”) (NYSE: TM) investors that a lawsuit filed on behalf of investors that purchased Toyota securities between June 23, 2022 - June 2, 2024. Investors must file a lead plaintiff motion by August 23, 2024. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or emai ...

Hands-On STEM Program, Community Resource Centers for Fulton County Schools' StudentsATLANTA, Aug. 22, 2024 /PRNewswire/ -- Toyota USA Foundation announced grants of up to $8.6 million to prepare Fulton County Schools (FCS) 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 programming in select schools.Advancing STEM Education: Toyota Provides Up To $8.6 Million To Support G ...

Louisville, OH, Aug. 22, 2024 (GLOBE NEWSWIRE) -- August 22, 2024—ForeverLawn, Inc.® is excited to return to the track for the Wawa 250 Powered by Coca-Cola at the Daytona International Speedway. This will be Jeffrey Earnhardt’s third race of the season with the Sam Hunt Racing (SHR) team in the Black and Green Grass Machine, which will be streamed live on Friday, August 23 at 7:30 p.m. ET on USA. Earnhardt will once again pilot the No. 26 Toyota GR Supra, sporting a black and white take on the popular Fore ...

PHILADELPHIA, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Attention Toyota Motor Corp. (“Toyota” or the “Company”) (NYSE: TM) Investors. A securities fraud class action lawsuit has been filed against Toyota on behalf of purchasers of Toyota securities between June 23, 2022 and June 2, 2024, inclusive (the “Class Period”). CLICK HERE to learn more about the lawsuit. Important deadline: Investors who purchased or acquired Toyota securities during the Class Period may, no later than August 23, 2024, seek to be appointed ...

LOS ANGELES, Aug. 22, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against  Toyota Motor Corporation ("Toyota" or "the Company") (NYSE: TM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of TM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead ...

NEW YORK, Aug. 22, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Toyota Motor Corporation (NYSE: TM).Shareholders who purchased shares of TM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/toyota-loss-submission-form-2/?id=97061&from=4CLASS PERIOD: June 23, 2022 to June 2, 2 ...