Why Toyota Motor Rallied Today
Shares of Toyota Motor (TM 4.61%) rallied 4.8% on Wednesday as of 2:23 p.m. ET.
Toyota: Potential Trade-War Winner As Japan Sits On Sidelines
Toyota's recent earnings report showed a 4.8% revenue increase but a 13.2% decline in operating income, leading to a 2.5% pre-market bounce on upbeat guidance. The company faces mixed headwinds and tailwinds, including potential benefits from a weaker Yen and trade war dynamics but risks from global economic and manufacturing conditions. Toyota's long-term investment in solid-state battery technology could provide significant upside despite current challenges in EV production and market competition.
Toyota Earnings Top Tesla's. It Has Nothing To Do With Cars.
The company's stock is rising after it posted a strong quarter with positive guidance.
Toyota is following Elon Musk's lead as it tries to turn things around in China
Toyota's sales in China are slumping as it faces brutal competition from local EV giants like BYD. The Japanese automaker plans to fight back by taking a page from Elon Musk's playbook.
Toyota looks to China, US production in EV push
Toyota Motor has signalled plans for production sites in China and the US under a wider push towards electric vehicles. A company would be set up in China's Jinshan district in partnership with the Shanghai government to produce EVs and batteries, the world's largest automaker said Wednesday.
Toyota to set up wholly owned EV, battery unit in China
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the Lexus brand, with production set to start in 2027, the world's top-selling automaker said on Wednesday.
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
The world's largest automaker by sales volume saw a nearly 28% year-on-year drop in quarterly operating profit during. Net income attributable to the company, however, jumped to 2.19 trillion yen from 1.37 trillion yen a year ago.
Toyota raises full-year profit outlook by 9%
Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ability to ride out any potential U.S. tariffs.
Toyota likely to post second straight profit drop as sales growth cools
Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings on Wednesday, as sales growth cools after a strong run powered by hybrid vehicles.
Toyota sells 10.8M vehicles in 2024, keeps global sales crown for fifth year
Toyota Motor secured its position as the world's top-selling automaker for the fifth consecutive year in 2024, selling 10.8 million vehicles globally. However, despite maintaining its lead over rivals like Volkswagen Group, Toyota's total group sales fell by 3.7%, driven by governance issues in Japan and price pressures in China.
Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker
Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for a fifth straight year.
Toyota Motor Corporation (TM) Stock Declines While Market Improves: Some Information for Investors
Toyota Motor Corporation (TM) concluded the recent trading session at $186.27, signifying a -0.13% move from its prior day's close.
