Toyota Motor is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of robust earnings helped by a consumer shift away from electric vehicles.
Toyota and Honda hold their value better than just about any other brand. CNBC looks at how they got this way and explores what could knock them off the podium.
Toyota Motor and Nippon Telegraph and Telephone (NTT) said on Thursday they expect to invest a total of 500 billion yen ($3.27 billion) by 2030 into an infrastructure and software platform using artificial intelligence (AI) to reduce traffic accidents.
Japan's Denso , a leading supplier to Toyota , slashed its full-year operating profit forecast by 21% on Thursday after its second-quarter profit missed analysts' expectations.
Toyota Motor said on Wednesday its worldwide production fell for an eighth straight month in September, as both sales and output declined in its two biggest markets, the United States and China.
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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 and Japan's Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in research and development to create artificial intelligence software to improve self-driving, Nikkei reported on Tuesday.
When Toyota senses an accident coming, it wants to let AI take the wheel.
Toyota Motor Corporation (TM) reachead $170.43 at the closing of the latest trading day, reflecting a -0.53% change compared to its last close.
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Toyota Motor Corporation (TM) reachead $171.53 at the closing of the latest trading day, reflecting a +0.19% change compared to its last close.