Toyota is recalling nearly 400,000 vehicles because the rearview camera may not display when backing up, increasing the risk of a crash, federal traffic safety regulators said. ...

Core Insights - Ford Motor Company supports the Trump administration's tariff relief policies, which could significantly lower costs for U.S. automakers [1][3][6] - The administration has delayed the implementation of new 25% tariffs on heavy-duty trucks while reviewing potential revisions [2] - Ford estimates that its tariff-related costs could reach up to $3 billion by 2025 due to ongoing tariff pressures [3] Company Performance - Ford has outperformed the Zacks Automotive-Domestic industry year-to-date, with shares increasing by 28.3%, compared to the industry's 8% growth [5] - General Motors and Tesla have seen share increases of 9.2% and 12.2%, respectively, during the same period [5] Valuation Metrics - Ford appears undervalued with a forward price/sales ratio of 0.31, significantly lower than the industry's 3.32 and General Motors' 0.31, while Tesla's ratio stands at 14.39 [8] - The Zacks Consensus Estimate for Ford's EPS has increased by 2 cents for 2025 and 4 cents for 2026 over the past 60 days [9] Tariff Policy Impact - The proposed tariff exemptions for domestically built vehicles would particularly benefit Ford and other manufacturers with high U.S. production levels, such as Toyota, Honda, Tesla, and General Motors [4][6] - The initiative aims to strengthen domestic manufacturing and protect American jobs, as stated by Republican Senator Bernie Moreno [4]

Mitsubishi UFJ Financial Group also gets a look, up 33% this year. ...

Nearly 394,000 Toyota vehicles in the U.S. are being recalled due to rearview camera issues that could reduce drivers' ability to see behind them, posing a safety risk, according to auto regulators.  Certain model years 2022-2025 Tundra and Tundra Hybrid vehicles and model years 2023-2025 Sequoia Hybrid vehicles are impacted by the recall, the National Highway Traffic Safety Administration (NHTSA) said.A software error is behind the recall, according to NHTSA.  TOYOTA RECALLS OVER 443,000 TRUCKS FOR POTENTI ...

Group 1 - Toyota Motor is recalling 393,838 vehicles in the U.S. due to a rearview camera issue that may fail to display [1] - The rearview camera malfunction reduces drivers' visibility, increasing the risk of a crash [1] - The recall highlights ongoing safety concerns in the automotive industry regarding vehicle technology [1]

Group 1 - Deutsche Bank upgraded Mobileye N.V. from Hold to Buy, raising its price target to $19.00 from $16.00, with shares climbing more than 3% intra-day following the announcement [1] - Analysts expect Mobileye to surpass guidance and raise its full-year outlook ahead of the third-quarter earnings on December 3, while investor expectations remain muted regarding new design wins or robotaxi developments [1] Group 2 - Deutsche Bank indicated that the base advanced driver-assistance systems (ADAS) business is now largely de-risked, with potential partnership announcements with Toyota before year-end [2] - The firm noted that Intel's improved balance sheet, supported by U.S. government funding and strategic investments, reduces the likelihood of further Mobileye share sales [3] - While maintaining conservative long-term forecasts, Deutsche Bank suggested that valuation multiples could re-rate higher based on future OEM wins [3]

Toyota Motor said on Monday that its tender offer for forklift maker Toyota Industries is now likely to begin in February or later, pushing back a previously expected early December launch. ...

Group 1: EV Sales Performance - The expiration of the $7,500 federal tax credit led to a surge in EV sales as consumers rushed to purchase vehicles before the deadline [2] - Tesla achieved its best quarter ever with 497,099 vehicle deliveries, marking a 29% increase from the previous quarter and a 7% increase year-over-year [2] - Other automakers like Ford, General Motors, and Hyundai also reported record quarterly EV sales, while Rivian's deliveries increased to 13,201 vehicles, up from 10,661 in the second quarter [3] Group 2: Future Sales Outlook - There is uncertainty regarding how automakers will manage potential declines in EV sales following the tax credit expiration, with Rivian already lowering its guidance for 2025 [3] - Automakers face challenges in managing inventory as new 2026 models arrive, aiming to maintain profit margins without incurring deeper losses [4] Group 3: Clean Energy Project Cancellations - The Department of Energy canceled 321 clean energy projects, totaling $7.56 billion in lost grants, with California losing the most at $2.2 billion [6] - Other states like Colorado, Illinois, Massachusetts, Minnesota, New York, and Oregon also faced significant losses, ranging from $300 million to $600 million each [6] - The cancellations suggest a potential shift in government reliability as a partner for businesses, particularly affecting small startups [8]

Core Insights - Toyota is recognized as the largest car manufacturer in the world by volume, having sold over 10 million vehicles annually for several consecutive years [1]. Company Overview - Toyota operates in the automotive industry and has maintained its position as a market leader, showcasing its significant production capabilities and global reach [1]. Market Position - The company has consistently outperformed competitors in terms of sales volume, reinforcing its dominance in the automotive sector [1].

Core Insights - Toyota is resuming vehicle production at two plants in Brazil after operations were halted due to heavy rain and winds [1] Company Summary - The affected plants are located in Sao Paulo state, which experienced significant weather-related damages last month [1] Industry Summary - The resumption of production indicates a recovery phase for the automotive industry in Brazil following adverse weather conditions [1]