The potential for M&A remains a tailwind for companies in the Robotics and Automation sector, as reinforced by headlines this week Toyota Motor Eyes Takeout of Toyota Industries Japan-based Toyota Industries saw its shares surge almost 23% on Monday after Toyota Motor's Chairman Akio Toyoda was reported to have discussed a potential ~$44 billion acquisition
Waymo and Toyota have agreed to explore a possible deal that could one day lead to a new vehicle designed for ride-hailing and even bring self-driving tech into consumer cars.
Toyota Motor and Alphabet's Waymo on Wednesday said they have agreed to explore a collaboration on speeding up the development and deployment of autonomous driving technology.
Alphabet-owned Waymo has entered into a "preliminary agreement" with Toyota, the company said Tuesday. Waymo said it will leverage Waymo's self-driving car tech with Toyota's expertise for "personally owned vehicles.
Tariff-related disruptions are prompting automakers like Volkswagen, Audi, and potentially Toyota (NYSE: TM) to limit or halt U.S.
Shares of Toyota Industries were set to surge on Monday after Japanese automaker Toyota said over the weekend it was exploring the possibility of investing in a potential buyout of the key parts supplier.
Toyota Motor said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries - a buyout that reportedly could cost $42 billion.
Toyota Motor Chairman Akio Toyoda has proposed the acquisition of supplier Toyota Industries in a possible 6 trillion yen ($41.8 billion) deal, Bloomberg News reported on Friday.
Toyota Motor said on Thursday that its overseas sales in March touched a record high for the month, fuelled by a surge in North American purchases ahead of U.S. import tariffs that came into effect in early April.
Toyota's Hino Motors and Mitsubishi Fuso, the truck division of Germany's Daimler, are nearing a merger agreement, according to a report by the Nikkei Asian Review. The two manufacturers are said to be working towards forming a joint holding company, with plans to list the new entity on the Tokyo Stock Exchange by April 2026.
Toyota Motor (TM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The Japanese company is weighing whether to produce the next version of its SUV at its Kentucky factory, according to a report.