Toyota will keep running its operations as it has been and focus on bringing down fixed costs, it said on Monday, not expressing any intention to raise vehicle prices in response to U.S. President Donald Trump's tariffs.
Soaring demand for Toyota's gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and months-long waits for car buyers, according to four people familiar with the situation.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Toyota Motor (TM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a certification scandal in its home market last year.
The tariff wars hit the automotive industry, and investors are worried Toyota Motor (TM -2.72%) will be among the casualties.
Toyota Motor Corporation (TM) reachead $190.70 at the closing of the latest trading day, reflecting a -0.76% change compared to its last close.
In the closing of the recent trading day, Toyota Motor Corporation (TM) stood at $192.17, denoting a -0.5% change from the preceding trading day.
A subsidiary of Japanese carmaker Toyota faces $1.6 billion in penalties after pleading guilty to having engaged in a multi-year emissions fraud scheme, the U.S. Justice Department said in a statement on Wednesday.
Recently, Zacks.com users have been paying close attention to Toyota Motor (TM). This makes it worthwhile to examine what the stock has in store.
Recycled metal products maker Radius Recycling said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Toyota Tsusho Corp.
Toyota Motor (NYSE:TM) plans to produce battery-powered cars in the UK as part of a broader strategy to keep all eight of its European factories running. The world's biggest carmaker has been slower than rivals to switch fully to electric, instead focusing on hybrids.