Toyota Motor Corporation (TM) - NYSE
  • Thu, Jul. 28, 3:48 AM
    • Toyota (NYSE:TM) is in danger of losing its crown as the world's biggest automaker this year as sales fall behind Volkswagen (OTCPK:VLKAY).
    • Toyota, which has held the title for four years running, sold 4.99M vehicles in the six months through June, compared to the 5.12M of VW (despite the German automaker's emissions scandal).
    • General Motors (NYSE:GM) holds third place with 4.76M vehicles sold in the first half of 2016.
    | Thu, Jul. 28, 3:48 AM | 8 Comments
  • Tue, Jul. 26, 2:41 PM
    • There's almost no chance that the automobile industry won't be a major talking point during the U.S. presidential election campaign which adds a layer of uncertainty for investors in the sector.
    • While the ramifications of the Trans-Pacific Partnership and Donald Trump's plan to add tariffs on foreign car makers and auto parts suppliers are already being debated, it's the union workers who may be the target of the most discussion in the next few months with Michigan, Ohio, and Pennsylvania considered critical battleground stocks.
    • The United Auto Workers endorsed Hillary Clinton and expects her to renegotiate the North American Free Trade Agreement to help land stronger unions in Mexico, while Trump has taken a more populist route of promising to add tariffs on Ford for cars built in Mexico. He's also hammering home that he will force better trade deals, but is walking a tightrope with some Rust Belt voters after suggesting that local plants should be closed and moved to states with lower wages.
    • Most analysts think it's more likely that the $7,500 electric vehicle tax credit will expire if Trump wins the election than if Clinton ascends to the White House. The EPA and some its regulations are also sure to get a hard look.
    • Investors are looking for a breakout after the dust settles, with the Detroit Three all trailing the S&P 500 Index return for the year.
    • Related stocks: GM, FCAU, F, TM, HMC, OTCPK:NSANY, OTCPK:VLKAY, OTCPK:BMWYY, OTCPK:DDAIF, TSLA, OTCPK:MZDAY,  TSLA, OTC:HYMLF, OTCPK:FUJHY.
    | Tue, Jul. 26, 2:41 PM | 54 Comments
  • Sat, Jul. 23, 1:18 PM
    • The Japanese government and the European Commission are working together to connect their global positioning systems in a coordinated effort to clear a path for autonomous vehicles.
    • By linking Japan's Quasi-Zenith Satellite System and EU's Galileo satellite network the margin of error of the combined system will be improved dramatically.
    • The development could be positive for Japanese automakers (OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF) and suppliers such as Mitsubishi Electric (OTC:MIELF, OTCPK:MIELY), Hitachi (OTCPK:HTHIF) and NTT Data (OTC:NTTDF).
    | Sat, Jul. 23, 1:18 PM
  • Fri, Jul. 15, 8:02 AM
    • Nissan (NYSE:TM) car registrations -2.9% to 51,863 units in June, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +6.9% Y/Y to 1,459,508 units in June, led by double-digit gains in Italy and Spain. Registrations were up 8% in Germany, while falling slightly in the U.K.
    • Nissan market share: 3.4% vs. 3.8% a year ago.
    • Nissan YTD registrations -1.3%.
    • EAMA release (.pdf)
    | Fri, Jul. 15, 8:02 AM
  • Fri, Jul. 15, 8:01 AM
    • Toyota (NYSE:TM) car registrations +6.7% to 59,000 units in June, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +6.9% Y/Y to 1,459,508 units in June, led by double-digit gains in Italy and Spain. Registrations were up 8% in Germany, while falling slightly in the U.K.
    • Toyota market share: 3.9% vs. 3.9% a year ago.
    • Toyota YTD registrations +8.3%.
    • EAMA release (.pdf)
    | Fri, Jul. 15, 8:01 AM
  • Tue, Jul. 12, 12:14 PM
    • LMC Automotive revises its forecast on U.S. automobile sales for the period from 2016 to 2023.
    • The research firm cuts its estimate for 2016 to 17.4M units from 17.7M units, with the level of retail sales being adjusted to 14.3M units from 14.0M units.
    • "Our latest forecast now reflects the reality that the growth track that the US market has been on since 2009 has stalled and appears to be levelling off, but it does not necessarily signal that further contractions or an automotive recession is imminent," says LMC's Jeff Schuster.
    • The extended forecast is for a slow climb to an annual selling level of 18M in 2021.
    • LMC Automotive forecast (.pdf)
    • Related stocks: GM, F, FCAU, TSLA, TM, HMC, OTCPK:NSANY, OTCPK:FUJHY, OTCPK:BAMXY, OTCPK:DDAIF, OTC:HYMLF, HMC, TTM.
    | Tue, Jul. 12, 12:14 PM | 28 Comments
  • Fri, Jul. 8, 11:16 AM
    • A thoughtful piece in Scientific American take a look at the technological challenges in delivering automated driving services.
    • An electrical engineer at Carnegie-Mellon notes that the vision systems of today's automated test cars are imperfect by a "very good" margin. A mobility expert at the University of California concurs, while adding that drivers may be overestimating their car's automated capabilities due to the use of terms such as "autopilot" and "self-driving." A refined system of cameras, sensors, and radar is still believed by some engineers to be a few years off.
    • Alphabet's (GOOG, [[GOOGL]) top exec in charge of the company's self-driving initiative seemed to back the view of the scientists in his recent testimony to Congress. "We saw in our own testing that the human drivers can’t always be trusted to dip in and out of the task of driving when the car is encouraging them to sit back and relax," he stated.
    • Related stocks: OTCPK:BAMXY, GM, OTCPK:DDAIF, MBLY, FCAU, TSLA, F, OTCPK:NSANY, TM, HMC.
    | Fri, Jul. 8, 11:16 AM | 242 Comments
  • Thu, Jul. 7, 9:46 PM
    • High-ranking Communist Party officials in China are exerting more influence on the daily operations of state-owned companies.
    • The tighter grip comes at the direction of President Xi Jinping who calls state-owned enterprises a major force to protect the common interests of the people.
    • In a sign of the increased intervention, several Chinese state-owned companies that partner with major automakers such as Volkswagen (OTCPK:VLKAY), Toyota (NYSE:TM), and General Motors (NYSE:GM) have changed their articles of incorporation to protect the goals of the Communist Party.
    | Thu, Jul. 7, 9:46 PM | 17 Comments
  • Wed, Jul. 6, 9:28 AM
    • It's another shocking breach of trust in the automobile sector after PSA Group (OTCPK:PEUGF, OTC:PUGOF, OTC:PUGOF) confirms that advertised fuel economy ratings on Peugeot and Citroen models don't match up with reality (off by 44% on average). Bloomberg reports that it's the first time a major automaker has confirmed a discrepancy between lab results and actual road tests across a broad range of cars.
    • Official PSA lab results
    • Recent failures in the automobile industry include inflated mileage claims from the South Korean automakers, the Takata disaster which deeply impacted Japanese cars, GM's costly ignition switch recall, and the topper in terms of subterfuge - Volkswagen's emissions cheating saga.
    • Some automobile industry analysts have suggested that buyers are scandal-weary and are unlikely to factor in the reputation hits in their buying decisions.
    • Related stocks: GM, FCAU, F, TM, HMC, OTCPK:NSANY, OTCPK:VLKAY, OTCPK:BAMXY, OTCPK:DDAIF, TSLA, OTCPK:MZDAY, OTCPK:FUJHY, OTCPK:SZKMY, TSLA, OTCPK:MMTOF, OTC:HYMLF.
    | Wed, Jul. 6, 9:28 AM | 75 Comments
  • Wed, Jul. 6, 8:01 AM
    • Toyota (NYSE:TM) says it will eliminate 800 subcontractors in Thailand as part of a voluntary redundancy program.
    • Automobile sales in Thailand have been in a prolonged slump since the government ended a subsidy program.
    • Toyota is a major player in Thailand with about a third of the local auto market and 18K workers.
    | Wed, Jul. 6, 8:01 AM
  • Fri, Jul. 1, 6:11 PM
    | Fri, Jul. 1, 6:11 PM | 34 Comments
  • Fri, Jul. 1, 1:06 PM
    • Toyota (TM -0.5%) unit sales were down 5.6% Y/Y to 198,257 units, well below industry expectations for a 1.1% drop.
    • Toyota division sales -6.2% to 172,478.
    • Lexus division sales -5.1% to 25,779 units.
    • Rav4 (up 15.5%), Highlander (up 4.5%) and 4Runner (up 17.9%) have posted their best-ever first half
    • YTD, Toyota U.S. sales were down 2.7% to 1,197,800 vehicles.
    | Fri, Jul. 1, 1:06 PM | 3 Comments
  • Wed, Jun. 29, 2:39 AM
    • Toyota (NYSE:TM) is calling back 2.87M vehicles across the globe over a possible fault with their evaporative fuel emissions control unit.
    • The move affects the hybrid Prius, Auris compact hatchback and Corolla compact produced between April 2006 and August 2015.
    • Toyota is separately recalling 1.43M Lexus CT200h and Prius cars worldwide because of a potential airbag inflator defect.
    | Wed, Jun. 29, 2:39 AM | 2 Comments
  • Mon, Jun. 20, 10:31 AM
    • Automaker stocks are taking news of increased support for the U.K. staying in the EU extremely well. The sector is considered sensitive to F/X disruptions due to the large footprint of the major manufacturers.
    • This year has seen strong demand in Europe and better-than-anticipated volume numbers from China support aggressive plans for capacity in the industry and far-reaching R&D initiatives. Despite some bottom-line improvement, Detroit automaker Ford (F +2%) and General Motors (GM +2.2%) still trail the S&P 500 Index for the year and trade with single-digit PE ratios.
    • Gainers today include Fiat Chrysler Automobiles (FCAU +5%), BMW (OTCPK:BAMXY) +5.1%, Daimler (OTCPK:DDAIF) +3.9%, Toyota (TM +3.6%), Tata Motors (TTM +3%), and Nissan (OTCPK:NSANY +3.2%).
    | Mon, Jun. 20, 10:31 AM | 43 Comments
  • Mon, Jun. 20, 9:42 AM
    • Toyota (NYSE:TM) says it aims to use artificial intelligence as part of its driver assistance systems within five years.
    • One of the company's R&D arms, the Toyota Research Institute, will spend over a billion dollars to work on self-driving car capabilities.
    • The AI solution in the self-driving initiative is a step or two beyond the use of sensors.
    • Toyota Research Institute CEO Gill Pratt explains: "The intelligence of the car would figure out a plan for evasive action ... Essentially (it would) be like a guardian angel, pushing on the accelerators, pushing on the steering wheel, pushing on the brake in parallel with you."
    | Mon, Jun. 20, 9:42 AM | 1 Comment
  • Thu, Jun. 16, 7:52 AM
Company Description
Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive Operations, Financial Services, and All Other. The Automotive Operations segment designs, manufactures, assembles and sells passenger cars, minivans, trucks,... More
Industry: Auto Manufacturers - Major
Country: Japan