The stock chart for Joby Aviation NYSE: JOBY tells one story, but the activity on the factory floor tells a completely different one. As we enter mid-February, shares of the electric air taxi pioneer are trading near $9.88.
A group company of Toyota Motor said on Thursday that the tender offer period for its buyout of forklift maker Toyota Industries will be extended until March 2 to increase the chances of the bid succeeding.
Toyota Motor Corporation maintains a Buy rating, supported by strong profitability, disciplined strategy, and measured innovation amid industry disruption. TM's leadership shift to finance specialist Kenta Kon signals a heightened focus on efficiency and profit as the company navigates software and AI-driven industry changes. Despite a Q3 earnings miss and reduced sales outlook, TM raised revenue and net income guidance for FY2026, demonstrating resilient operational performance.
Strong profitability held up even under tariff pressure and higher investment spending. Hybrids and disciplined production planning continue to support global demand and margins. Management is focused on lowering the breakeven point through productivity, not simple cost cuts.
BMW has issued a recall of 87,394 vehicles over a defect that could cause the engine to overheat and start a fire.
Toyota's next CEO isn't an engineer, a product visionary or a car guy. He's a numbers guy.
TM's Q3 FY26 EPS misses estimates as profits fall Y/Y, but revenues climb to $87.36 billion, and automotive sales rise, highlighting mixed results.
Toyota Motor Corporation (TM) Discusses Executive Leadership Transition and Organizational Restructuring Transcript
Toyota named CFO Kenta Kon as CEO in its second leadership change since 2023. Koji Sato shifted to vice chairman as Toyota split industry and management roles.
The Japanese automaker said Chief Financial Officer Kenta Kon will become the new CEO.
Toyota Motor is expected to report a third straight decline in quarterly operating profit on Friday, as rising costs and U.S. import tariffs weigh on earnings despite record global vehicle sales and strong demand for hybrids.
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