Japanese carmaker Toyota said on Wednesday it will invest 680 million euros ($792 million) on a new production line in the Czech Republic to make a battery electric car.The line will be built with a government incentive of up to 64 million euros ($75 million) to expand Toyota's existing plant in Kolin, around 50 kilometers (31 miles) east of Prague, the Czech government and the company said in a joint statement.It will become the first Toyota plant to produce battery electric cars in Europe.Prime Minister Petr Fiala said the new line will create another 245 jobs at the factory that already employs 3,200 people.Toyota did not disclose details of when production would start or of the model.The world's top automaker currently makes Aygo X and Yaris Hybrid models at the plant, which made over 225,000 cars last year.
TM faces shrinking profits, surging expenses, and mounting debt, raising concerns over near-term performance.
Toyota Motor (TM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Toyota Motor Corporation faces significant short-term headwinds from tariffs, rising input costs, and weakening U.S. car demand, pressuring margins and near-term earnings. Despite strong long-term prospects in electrification and solid-state battery leadership, I see TM recovery unlikely before 2030 due to persistent economic and industry challenges. Japan's financial system risks, including potential rate hikes and a deeply indebted economy, add further uncertainty to TM stock's valuation and outlook.
TM's Q1 earnings miss forecasts despite higher revenues, as operating income and profit outlook signal sharp declines ahead.
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.
Although the revenue and EPS for Toyota Motor (TM) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
President Donald Trump said the US would lower tariffs on Japan to 15% from 25%. But Trump's tariffs continue to shake Japanese automakers like Toyota and Nissan.
Toyota Motor's (NYSE:TM) profit slumped 37% in the most recent quarter as US tariffs sharply affected earnings. Net income fell to $5.7 billion, down from $8.9 billion the previous year, despite a 3% increase in sales to $82 billion.
Toyota Motor June-quarter profit beats estimates — but drops 11% as U.S. tariffs bite
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Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a stronger yen weigh on profits despite solid demand for hybrids in their biggest overseas markets.