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Toyota Stock Outlook: Make the Most of the Short-Term Dip and Buy TM Now!
investorplace.com· 2024-05-22 10:30
Do you feel that large-cap stocks representing U.S.-based companies are overvalued now? Maybe you just need to expand your geographic horizons, then. I encourage you to conduct your due diligence on Japanese automotive giant Toyota Motor (NYSE:TM). Soon enough, you’ll see why Toyota stock offers such a compelling value.Sure, Toyota has problems and so does the Japanese economy in general. Yet, sometimes problems create bargains in the financial markets, especially if the problems aren’t permanent. So, let’s ...
Hexagon Purus to supply Toyota Motor North America for serial production of heavy-duty fuel cell electric powertrain kits
Newsfilter· 2024-05-22 07:00
Advanced Clean Transportation (ACT) Expo, Las Vegas, Wednesday 22 May: Hexagon Purus is pleased to announce it will be supplying components to Toyota North America (TMNA) for serial production of its heavy- duty fuel cell electric powertrain kits. Hexagon Purus will be providing a full hydrogen storage system and high voltage battery pack for the heavy-duty fuel cell electric powertrain kit1. Hexagon Purus’s collaboration with Toyota started in 2017 as Toyota began development of the fuel cell electric powe ...
Hexagon Purus to supply Toyota Motor North America for serial production of heavy-duty fuel cell electric powertrain kits
globenewswire.com· 2024-05-22 05:00
Advanced Clean Transportation (ACT) Expo, Las Vegas, Wednesday 22 May: Hexagon Purus is pleased to announce it will be supplying components to Toyota North America (TMNA) for serial production of its heavy-duty fuel cell electric powertrain kits. Hexagon Purus will be providing a full hydrogen storage system and high voltage battery pack for the heavy-duty fuel cell electric powertrain kit1. Hexagon Purus’s collaboration with Toyota started in 2017 as Toyota began development of the fuel cell electric powe ...
Toyota: A Profit-Growth Pause No Reason For Concern
seekingalpha.com· 2024-05-20 03:50
rep0rter There are clear economic and investment tailwinds blowing across Japan right now. The land of the rising sun has enjoyed rising equity prices in the last few years as its currency weakens substantially. The Bank of Japan's hand may further be forced, given that it was recently reported that the world's fourth-largest economy endured a third consecutive quarter of negative GDP growth. Still, both the Nikkei and Topix are in long-term uptrends despite pullbacks from their Q1 2024 peaks. What's more, ...
How Toyota's Tacoma became king of the U.S. midsize truck market
cnbc.com· 2024-05-18 12:00
The American pickup truck market is dominated by domestic brands, primarily Ford, Chevrolet, GMC and Ram. U.S. brands benefit from a loyal buyer base, and a 25% tax on imported trucks.But the Toyota Tacoma shows how a foreign automaker can find and control a niche within that market.The top-selling full-size pickup line is Ford's F-Series, especially the F-150, which is also the bestselling vehicle in America, according to Edmunds. GM and Ram pickups trail Ford, which also has the top-selling compact pickup ...
Rev Your Engines: Why Toyota Is the Best Auto Stock to Own Now
investorplace.com· 2024-05-17 10:00
A successful focus on gas-electric hybrid vehicles has led to Toyota Motor Corp.’s (NYSE:TM) sales and profits surging, making TM stock the best automotive buy out there.In the last 12 months, TM stock has risen 55%, including a 21% gain so far this year. Compare that to a 9% increase in the share price of Ford Motor Co. (NYSE:F) and a 5% gain in the stock of Tesla (NASDAQ:TSLA) over the last 12 months. It rose because of stellar earnings reports and an electrification strategy that analysts are bullish on. ...
Toyota (TM) Falls 5% Since Q4 Earnings Beat on Soft Profit View
zacks.com· 2024-05-16 15:21
Shares of Toyota (TM) have declined roughly 5% since it released its fiscal fourth-quarter 2024 results on May 8. This Japan-based auto giant posted earnings of $4.99 per share, which surpassed the Zacks Consensus Estimate of $2.91 and rose from the year-ago earnings of $3.07 a share. Consolidated revenues came in at $74.5 billion, beating the consensus mark of $67.2 billion and rising from $73.2 billion in the year-ago quarter. However, an expected year-over-year decline in fiscal 2025 profits is likely t ...
Toyota Recognized in The Civic 50 For Second Consecutive Year
Prnewswire· 2024-05-15 12:00
PLANO, Texas, May 15, 2024 /PRNewswire/ -- When it comes to social impact, civic engagement, and keeping community at the core of its business, Toyota North America* is recognized by Points of Light as a top community-minded company. This is the second year both Toyota Financial Services (TFS) and Toyota Motor North America (TMNA) have collectively ranked on The Civic 50 as a unified submission. Previously, TFS earned a spot on the list for seven consecutive years. Toyota Recognized in The Civic 50 For S ...
With Hybrid Sales Surging, Is Toyota Stock Attractive At $230?
Forbes· 2024-05-15 10:30
RAYLIEGH, ENGLAND - APRIL 29: A general view of a Toyota car dealer forecourt and showroom on April ... [+] 29, 2024 in Rayliegh, United Kingdom. (Photo by John Keeble/Getty Images) Getty Images Toyota Motor Corp stock has seen a big rally this year, rising by about 18%, compared to the broader S&P 500 which remains up by just about 9%. There are a couple of factors driving the stock higher. Now, the broader Japanese stock market indices have been among the better-performing in the world driven by corporate ...
Toyota Ranks 4th on Fair360's Top 50 Companies
Prnewswire· 2024-05-14 11:10
PLANO, Texas, May 14, 2024 /PRNewswire/ -- Fair360, formerly DiversityInc, has named Toyota North America* one of its 2024 Top 50 Companies, ranking fourth among the 160 companies participating in the survey. Toyota has maintained its position for the third year in a row and continues to be the only automotive manufacturer ranked in the Top 10. Toyota Ranks 4th on Fair360’s Top 50 Companies "Everyone at Toyota plays a role in creating an inclusive culture where people belong and can contribute to their ...