Toyota Motor Corporation (TM) - NYSE
  • Jan. 9, 2015, 7:50 AM
    • Toyota (NYSE:TM) expects a slight improvement in U.S. sales in 2015 after reaching its 2014 sales goal.
    • The Japanese automaker increased deliveries 6.2% to 2.37M units during the prior year.
    • New versions of the Toyota Tacoma and Toyota Prius hybrid are expected to lead their segments.
    • A formal projection from Toyota is expected to be released at the North American International Auto Show next week.
    | Jan. 9, 2015, 7:50 AM
  • Jan. 7, 2015, 8:02 PM
    • Sales of electric vehicles in the U.S. rose 23%  to 119.7K in 2014, according to a summary from InsideEVs.com.
    • December was the peak month of the year with EV sales of 12,784 units.
    • 2014 EV sales by model (estimated): Nissan Leaf 30.2K, Chevrolet Volt 18.8K, Tesla Model S 17.3K, Toyota Prius 13.2K, Ford Fusion Energi 11.55K, Ford C-Max Energi 8.4K, BMW i3 6.09K, Smart ED 2.59K, Ford Focus Electric 1.96K, Fiat 500e 1.79K, Cadillac ELR 1.31K, Toyota RAV4 1.18K.
    • Plug-in entries from Porsche, Honda, Kia, Volkswagen, and Mitsubishi all recorded sales of less than a thousand for the year.
    • Related stocks: OTCPK:NSANY, GM, TSLA, TM, F, OTCPK:BAMXY, OTCPK:DDAIF, FCAU, OTC:HYMLF, OTCQX:VLKAY.
    | Jan. 7, 2015, 8:02 PM | 50 Comments
  • Jan. 6, 2015, 8:20 AM
    • The spinoff of Ferrari could give Fiat Chrysler Automobiles (NYSE:FCAU) enough breathing room to seek a merger partner, according to auto industry analysts.
    • The rising cost of developing clean cars in Europe and the U.S. sets the stage for automakers to join forces through mergers and extended partnerships.
    • "Eventually it must happen," notes FCA chief Sergio Marchionne on the topic of mega-mergers.
    • No company is too big to be ruled out of the merger discussions due to the benefits of scaling investment costs and matching strengths/weaknesses in Europe, Latin America, China, and the U.S, note insiders.
    • Automakers: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:FUJHY, OTCPK:MMTOF, OTCPK:PEUGF, OTC:RNSDF, TTM, KNDI. OTCPK:SZKMY, OTCPK:MZDAY.
    | Jan. 6, 2015, 8:20 AM | 38 Comments
  • Jan. 6, 2015, 2:03 AM
    • Hoping to spur wider use of hydrogen to power vehicles, Toyota (NYSE:TM) says it will share its 5,700 patents related to hydrogen fuel-cells with other carmakers without charging a royalty fee.
    • The move rivals Elon Musk's decision last June to freely license Tesla’s electric-car patents to other automakers to help advance the development of electric-powered vehicles.
    • Toyota is aiming to produce a small number of $57,500 hydrogen-fueled Mirai vehicles this year which will be available globally.
    • Other automakers engaged in fuel-cell development programs: HMC, GM, OTCPK:NSANY, F, OTCPK:DDAIF
    | Jan. 6, 2015, 2:03 AM | 16 Comments
  • Jan. 5, 2015, 1:14 PM
    • Toyota (NYSE:TM) reports it grew car sales and light trucks sales at a double-digit clip in December.
    • The Japanese automaker notes Lexus ended the year with consecutive record-setting months.
    • Sales by brand: Toyota +12.2% to 175,178; Lexus +14.7% to 39,879.
    • Sales by model: Corolla +33.5% to 30,125; Prius -8.3% to 14,414; Camry +5.5% to 31,618; Lexus ES -8.9% to 7,782; RAV4 +5.4% to 22,997; Highlander +17.0% to 15,019: Sienna +19.8% to 11,688.
    | Jan. 5, 2015, 1:14 PM
  • Jan. 5, 2015, 12:34 PM
    • The average transaction price paid for a vehicles in the U.S. during December rose 1.9% Y/Y and 1.1% M/M to $33,168, according to an estimate from TrueCar.
    • ATP changes (Y/Y): Hyundai (OTC:HYMLF) +9.4%, Subaru (OTCPK:FUJHY) +4.3%, Volkswagen (OTCQX:VLKAY) +3.7%, Nissan (OTCPK:NSANY) +2.7%, General Motors (NYSE:GM) +2.4%, Ford (NYSE:F) +2.2%, Fiat Chrysler Automobiles (NYSE:FCAU) +1.9%, Kia +1.7%, Honda (NYSE:HMC) +1.2%, Toyota (NYSE:TM) -1.3%.
    • Incentive spending as a percentage of ATP was up 8.7% in December vs. +8.8% in November and +8.4% a year ago. The Big Three Detroit automakers were on the higher end, while Subaru and Toyota were the tightest of the bunch.
    • Previous on U.S. auto sales: Fiat Chrysler Automobiles, Ford, General Motors, Toyota
    | Jan. 5, 2015, 12:34 PM | 16 Comments
  • Jan. 5, 2015, 11:39 AM
    • Toyota (NYSE:TM) unit sales +12.7% to 215,057 units on an unadjusted basis vs. +13.8% forecast by analysts.
    • The sales gain was 8.4% if the extra selling day during the month is factored in.
    • The automaker will release full sales details by model later in the day.
    | Jan. 5, 2015, 11:39 AM
  • Jan. 1, 2015, 3:41 AM
    • More than 60M vehicles were recalled in the U.S. in 2014, totaling an average of about two announcements a day and affecting the equivalent of one in five vehicles on the road.
    • GM's (NYSE:GM) defective ignition switch, Honda's (NYSE:HMC) Takata (OTCPK:TKTDY) air bag crisis and Fiat Chrysler's (NYSE:FCAU) flammable gas tanks led the group, doubling the previous U.S. annual recall record set in 2004.
    | Jan. 1, 2015, 3:41 AM | 16 Comments
  • Dec. 31, 2014, 9:04 AM
    | Dec. 31, 2014, 9:04 AM | 23 Comments
  • Dec. 30, 2014, 8:37 AM
    • China will extend subsidies on electric vehicles of up to 55K yuan ($8.8K) per vehicle until at least 2020, according to new draft rules published by the government.
    • The development is the latest indication that Beijing plans to back the EV industry in the region as part of a broadened pollution-control initiative.
    • Related news: Shenzhen (population ~10M) caps new car sales.
    • Stocks of interest: TSLA, OTCPK:BAMXY, KNDI, TM, and Berkshire Hathaway (BRK.A, BRK.B) via BYD Group.
    | Dec. 30, 2014, 8:37 AM | 22 Comments
  • Dec. 30, 2014, 2:37 AM
    • Toyota (NYSE:TM) will likely miss its 2014 objective of selling over 1.1M vehicles in China because of a faster-than-anticipated economic slowdown and resulting price war in the local auto market.
    • An increase in models from premium German brands priced within reach of mainstream Japanese cars has also paved way for heavy competition.
    • Toyota is scheduled to release full-year figures on Jan. 6.
    | Dec. 30, 2014, 2:37 AM
  • Dec. 23, 2014, 2:07 PM
    • U.S. sales for Toyota (NYSE:TM) in December are expected to increase 11.1% to 212K, according to Kelley Blue Book.
    • Toyota December market share +20 bps to 14.2%.
    • Another strong month for the Camry and Corolla models is expected.
    • Full KBB forecast
    | Dec. 23, 2014, 2:07 PM
  • Dec. 22, 2014, 10:49 AM
    | Dec. 22, 2014, 10:49 AM | 12 Comments
  • Dec. 22, 2014, 9:27 AM
    • A tense period of negotiations between the UAW and the Detroit Three (GM, F, FCAU) automakers is expected to build in advance of the expiration of current labor contracts in September of 2015.
    • The labor group is looking to close a large gap between hourly wages for automobile industry entry-level workers and legacy employees.
    • What to watch: There will be a thin line for the UAW in pushing for its increases without giving Japanese automakers OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF an edge over the Detroit Three.
    | Dec. 22, 2014, 9:27 AM | 45 Comments
  • Dec. 20, 2014, 10:52 AM
    • Automobile recalls in the U.S. now number over 60M this year to set a new record, according to a tally from Bloomberg.
    • The mind-numbing total is over double the prior annual recall record with Japanese automakers (OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF) taking the hardest hits due to exposure to Takata.
    • Though automakers see legal and operational costs increase when recalls soar, the impact on the brand in many cases is short-lived.
    • Despite having a year to forget amid a public relations headache, General Motors (NYSE:GM) is a top pick in the sector for many analysts.
    • The title of SA contributor Alpha Hungry's recent piece indicates where the investor stands: My Best Idea For 2015: General Motors.
    • Related: U.S. auto sales forecast to end the year strong (Dec. 19, 2014)
    | Dec. 20, 2014, 10:52 AM
  • Dec. 19, 2014, 3:00 PM
    • U.S. automobile sales are forecast to increase 11% in December to an annual selling rate of 16.6M units, according to a fresh forecast from TrueCar.
    • The research firm says the industry benefited from lower gas prices and a better month of weather than was seen a year ago.
    • For the full year, TrueCar expects total U.S. vehicle revenue to be up 8.3% to close to $1T.
    • Transaction prices on new cars are up 1.9% to $31,831 YTD.
    • Used vehicle sales are up 3.3% for the year.
    • Related stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:FUJHY, KMX, CRMT, AN, LAD.
    | Dec. 19, 2014, 3:00 PM | 3 Comments
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