Toyota(US:TM) Benzinga·2025-10-27 11:04Core Insights - Toyota Motor Corp reported a growth in production for the fourth consecutive month in September, driven by strong demand in the U.S. market [1] Production and Sales Data - Toyota produced 918,146 vehicles globally in September, marking an 11.1% increase [2] - U.S. production surged by 28.5%, attributed to high demand for hybrid vehicles [2] - Sales of electrified vehicles reached 99,619 units in September, reflecting a 5.8% increase [2] - Production in China rose by 16%, while global sales increased by 3%, with U.S. sales up 14.2% at 185,748 units sold [3] - Year-to-date sales exceeded 7.8 million vehicles, representing a 5% year-over-year increase [3] Recent Developments - Toyota has experienced eight consecutive months of growth, with U.S. sales increasing by 13.6% due to strong demand for hybrid models [4] - The company announced a partnership with Sumitomo Metal Mining Co. Ltd. to develop cathode materials for solid-state batteries, intended for use in Battery Electric Vehicles (BEVs) [5] - Currently, Toyota sells one BEV in the U.S., the bZ, which has a retail price of $34,990 and features a 74.7 kWh battery with a range of 314 miles [5] Market Outlook - Former Ford CEO Mark Fields indicated that the adoption of electric vehicles (EVs) in the U.S. will be gradual, as consumers transition away from fossil fuels [6] - Fields noted that automakers had initially expected a faster growth rate for the EV market, with General Motors announcing a $1.6 billion investment in EV charging infrastructure [6] Performance Metrics - Toyota demonstrates satisfactory momentum and performs well on value, growth, and quality metrics, with a favorable price trend across short, medium, and long-term horizons [7]