ToplineToyota is recalling about 381,000 Tacoma pickup trucks over a loose part that can separate from the rear axle, increasing the risk of a crash, the company announced Tuesday—the latest recall for the Japanese automaker over the last week.The Japanese automaker said some Tacoma pickup trucks have a loose part that can separate from the ... [+] rear axle.© 2022 Bloomberg Finance LP Key FactsThe recall affects Toyota Tacoma trucks in the U.S. from the 2022 and 2023 model years, the company said in a rele ...

The auto industry is a notoriously challenging place to invest. It is capital intensive, regulated, cyclical, and globally competitive. It's no wonder so many up-and-coming automakers fail or get folded into a larger competitor.The auto industry as a whole has underperformed the S&P 500 over the last decade. General Motors is up an abysmal 8.1% over the last 10 years, while Ford is down over 20%. Tesla is the U.S.-based standout, while Ferrari is the global standout -- up over 600% in the last decade.Toyota ...

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 ...

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.The research service features 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, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scor ...

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 ...