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Toyota Motor Corporation (TM)

- NYSE
  • Tue, May 19, 7:53 AM
    • Toyota (NYSE:TM) European car registrations -0.3% to 46,420 units in April, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +6.9% Y/Y in April, led by a strong month in Germany, the U.K., and Italy. YTD registrations +8.2%.
    • Toyota market share: 3.8% vs. 4.1% a year ago.
    • Toyota YTD registrations +6.7%.
    • Results include the Toyota and Lexus brands.
    • EAMA release (.pdf)
    | Comment!
  • Wed, May 13, 6:37 AM
    • Toyota (NYSE:TM) and Mazda (OTCPK:MZDAY) will hold a joint news conference today to announce a new tie-up in technology and manufacturing.
    • Over the weekend, Reuters reported that the two companies were in talks to expand their partnership in fuel-efficient technology.
    | Comment!
  • Wed, May 13, 2:44 AM
    • Back to the Takata (OTCPK:TKTDY) recalls? Toyota (NYSE:TM) and Nissan (OTCPK:NSANY) have now added another 6.56M cars to their global recalls, bringing the total amount of Takata infected vehicles called back since 2008 to 31M.
    • Toyota will fix about 5M more cars, while Nissan will call back 1.56M.
    • Takata recall timeline
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  • Sat, May 9, 10:55 AM
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  • Fri, May 8, 3:26 AM
    • Backed by a weaker yen and strong U.S. demand, Toyota (NYSE:TM) expects to report its third straight year of record figures in fiscal 2016 - ¥2.250T in profit ($18.79B) on ¥27.5T in revenue.
    • That compares with the ¥2.173T (+19% Y/Y) net profit the company generated in the just-ended fiscal year.
    • Toyota also anticipates it will sell 10.15M vehicles, slightly down from the 10.168M vehicles it sold last year.
    | 1 Comment
  • Wed, May 6, 2:50 PM
    • Toyota (NYSE:TM) announces it will introduce the Mirai hydrogen-powered model at eight dealerships in California this October.
    • The company expects sales volume of 3K for the Mirai as it uses the model to promote the potential of fuel cell EV technology.
    | 1 Comment
  • Fri, May 1, 1:45 PM
    • Toyota (NYSE:TM) lost some ground to major rivals Ford and GM in the U.S. during April with sales growth for the long-time top-selling Camry trailing off.
    • Sales by brand: Toyota +0.5% to 177,453 units; Lexus +11.7% to 25,876.
    • Sales by model: Corolla +10.1% to 31,990; Prius -15.4% to 15,235 (PHV version -66%); Camry -10.4% to 34,066; Lexus ES -22.1% to 4,701 RAV4 +21.7% to 22,914; Highlander +10.9% to 13,763.
    • YTD Toyota U.S. sales +8.1% to 778,949 units.
    • Previously: Toyota April U.S. sales: +1.8%
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  • Fri, May 1, 10:58 AM
    • Toyota (NYSE:TM) unit sales +1.8% to 203,329 units on an unadjusted basis vs. the +3.4 to +5.8% range estimated by analysts.
    • The automaker set an U.S. April record for lioght trucks on strong RAV4 demand.
    • The automaker will release full sales details by model later in the day.
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  • Thu, Apr. 30, 11:08 AM
    • A 25-page thesis from Fiat Chrysler Automobiles titled "Confessions of Capital Junkie" presents the case that automakers need to consider consolidating through mergers.
    • The automobile industry is set up for failure unless costs from R&D and regulatory changes can be shared on a larger scale, according to the company.
    • "Capital consumption rate by OEMs is unacceptable—it is duplicative, does not deliver real value to consumers and is pure economic waste," reads the presentation.
    • There's even a slide with a quote from Alice in Wonderland to hammer home the automaker's main points on the need for M&A.
    • Today, Ford CEO Mark Fields told CNBC the company isn't looking for a merger within the auto space. Similar comments have been made by execs with General Motors, Nissan, and Toyota in the recent past.
    • FCA's industry analysis (.pdf)
    • Automaker stocks: GM, F, TM, HMC, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, TTM, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:GELYF, FCAU, OTCPK:NSANY, OTCPK:DDAIF, OTCPK:MZDAY, TSLA.
    | 31 Comments
  • Mon, Apr. 27, 12:57 PM
    • TrueCar estimates U.S. car sales will rise 6.1% Y/Y in April to 1.475M units.
    • Strong demand is expected to be reported in the crossover, SUV, and pickup truck segments. Incentive spending is seen increasing 0.6% Y/Y to $2,601 per unit. April U.S. forecasts from TrueCar by automaker are listed below.
    • Fiat Chrysler Automobiles (NYSE:FCAU): +10.6% to 198.6K units, market share +60 bps Y/Y to 13.5%.
    • Ford (NYSE:F): +6.2% to 223.3K units, market share flat at 15.1%.
    • General Motors (NYSE:GM): +5.9% to 269.1K units, market share -10 bps Y/Y to 18.3%.
    • Honda (NYSE:HMC): +1.9% to 135K units, market share -30 bps Y/Y to 9.2%.
    • Hyundai (OTC:HYMLF): -5.8% to 62.3K units, market share -60 bps to 4.2%.
    • Kia (OTC:HYMLF): +7.9% to 57.9K units, market share flat at 3.9%.
    • Nissan (OTCPK:NSANY): +8.7% to 113K units, market share +20 bps Y/Y to 7.7%.
    • Subaru (OTCPK:FUJHY): +23.5% to 49.5K units, market share +50 bps Y/Y to 3.4%.
    • Toyota (NYSE:TM): +3.4% to 206.4K units, market share -40 bps Y/Y to 14.0%.
    • Volkswagen (OTCQX:VLKAY): -4.7% to 48.4K units, market share -40 bps Y/Y to 3.3%.
    | 36 Comments
  • Wed, Apr. 22, 2:29 PM
    • 22% of hybrid and electric car owners making a trade-in this year opted to go for a SUV, according to data from Edmunds.com
    • The mark stood at 18.8% a year ago and 11.9% three years ago.
    • The rate at which hybrid and EV car owners bought another green car fell below 50%.
    • Edmunds.com connects the dots to conclude that the level of gas prices in the U.S. was a primary factor in the trade-in trend.
    • The break-even point for higher-priced EVs lengthens as gas prices fall.
    • Automobile industry analysts think the trend could snap back just as quick with an energy market shock.
    • YTD U.S. plug-in sales are up ~2.9%.
    • Related stocks: OTCPK:NSANY, TM, HMC, GM, F, TSLA.
    | 51 Comments
  • Mon, Apr. 20, 4:33 AM
    • As part of efforts to reduce pollution in the country, Toyota (NYSE:TM) says it will launch two hybrid cars in China in the second half of this year - the Levin Hev and Corolla.
    • Toyota's joint venture with Guangzhou Automobile Group (OTC:GNZUY) will make the Levin Hev, while its venture with FAW Group will manufacture the Corolla.
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  • Thu, Apr. 16, 9:11 AM
    • Toyota (NYSE:TM) car registrations +12.9% to 71,905 units in March, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +10.6% Y/Y in March, powered by double-digit growth in Spain, Italy, and France. YTD registrations +8.6%.
    • Toyota market share: 4.4% vs. 4.3% a year ago.
    • Toyota YTD registrations +10.1%.
    • Results include the Toyota and Lexus brands.
    • EAMA release (.pdf)
    | Comment!
  • Thu, Apr. 16, 7:50 AM
    • An outspoken engineer at Toyota (NYSE:TM) maintains the best use of electric vehicles is to charge them at night in order to avoid peak power consumption disruptions.
    • The stance from Toyota chief engineer Yoshikazu Tanaka is that EVs arren't practical as a broad replacement to gas-powered cars due to the need to protect the electrical grid.
    • Toyota is in the process of developing fuel-cell vehicles powered by hydrogen with its Mirai model the showcase car.
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  • Wed, Apr. 15, 9:56 AM
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  • Tue, Apr. 14, 2:33 AM
    • Ending a self-imposed three-year freeze on new investments, Toyota (NYSE:TM) will spend $1B to build a new car factory in Mexico and plans to announce the investment on Wednesday, sources told Reuters.
    • The 200K-cars-a-year factory – Toyota's first to build passenger cars in Mexico - is expected to create about 2,400 direct jobs.
    • Previously: Toyota to get aggressive with global capacity (Apr. 03 2015)
    | 5 Comments
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Company Description
Toyota Motor Corp designs, manufactures and sells sedans, minivans, compact cars, sport-utility vehicles, trucks and related parts and accessories. The Company also provides financing, vehicle and equipment leasing & certain other financial services.