Toyota Motor Corporation (TM) - NYSE
  • Mar. 14, 2013, 10:18 AM

    Spain is the latest European nation to move to an organized effort to install electric charging points for vehicles. Previously, the government in the U.K. said it would subsidize a broad program to install charging stations in train stations and in other commons areas while Norway is ahead of the pack in the EV game.

    | Mar. 14, 2013, 10:18 AM | 7 Comments
  • Mar. 13, 2013, 11:13 AM
    Electric vehicle wrapup: 1) A Reuters article takes a harsh look at the cost of Norway's government-assisted push into electric vehicles. Pure market share is up to 3%, but the numbers aren't adding up. 2) Another win for Tesla Motors (TSLA +0.4%) in its battle against auto dealers as Minnesota takes steps to allow the automaker to open retail stores in the state. 3) Henrik Fisker is reported to be leaving Fisker Automotive due to a disagreement with the management of the company he founded.
    | Mar. 13, 2013, 11:13 AM | 8 Comments
  • Mar. 13, 2013, 7:29 AM

    Toyota (TM) approves its biggest round of salary bonuses in five years as a lower yen helps improves the outlook on profitability for the automaker. The company agreed to a union proposal for a 2013 average bonus of  ¥2.05M  ($21,375), up 16% from last year.

    | Mar. 13, 2013, 7:29 AM
  • Mar. 13, 2013, 7:02 AM
    Toyota (TM) plans to launch the first global advertising campaign for its Lexus brand in May as it looks to gain ground on rivals (BMW, Audi, and Mercedes) that are outselling it by a wide margin. The company's marketing department is considering going with the silent treatment - leaving music, images, and text to sell the Lexus brand.
    | Mar. 13, 2013, 7:02 AM
  • Mar. 12, 2013, 7:09 AM

    China plans to make one of its most aggressive moves yet in its territorial skirmish with Japan by sending surveyors to the islands at the heart of the dispute. It's a move that is sure to raise tensions between the nations and provide another setback to Japanenese automakers (TM, HMC, NSANY.OB) hoping to reverse a painful trend of losing sales in China.

    | Mar. 12, 2013, 7:09 AM
  • Mar. 11, 2013, 2:24 PM

    Toyota (TM +0.4%) wrapup: 1) The automaker says it will increase hiring during FY13 to reverse a two-year trend. 2) A new political action committee in the U.S. will be tasked with looking after Toyota's interests in North America. 3) Recent comments from execs reveal that Toyota will become more flexible about shipping car production from one nation to the other to improve efficiency. 4) The Lexus brand is desperate to see relations between China and Japan cool off with new forecasts showing annual luxury car sales will exceed 3M by 2020.

    | Mar. 11, 2013, 2:24 PM
  • Mar. 11, 2013, 6:54 AM

    More on China auto sales (previous): Another tough couple of months for Japaneses automakers (TM, HMC, NSANY.OB) due to backlash from a China-Japan territorial dispute and military maneuvers, while German brands (BAMXY.PK, DDAIF.PK, VLKAY.PK) perform well. On the domestic front, Chinese automakers continue to only be a factor in the lower-priced segments.

    | Mar. 11, 2013, 6:54 AM
  • Mar. 8, 2013, 10:28 AM

    Do automakers stand a chance of increasing electric vehicle sales in China? Though the talk from major companies (F, GM, VLKAY.PK, TM) is that they plan to start or ramp up electric sales in China - and even Tesla Motors (TSLA +1.4%) plans to open a dealership in the nation - by all accounts EV sales in China are stuck in neutral. Mind-blowing levels of smog in Beijing this year have elevated the debate on vehicle emissions, but until the government actively decides to sacrifice economic growth for environmentally friendly practices the EV initiatives are speculative.

    | Mar. 8, 2013, 10:28 AM | 29 Comments
  • Mar. 8, 2013, 7:28 AM

    Toyota (TM) President Akio Toyoda thinks the recent reshuffling of top management will help restore order as he cleared out the last vestiges of older regimes at the automaker. Analysts see the moves helping Toyota become more competitive globally after the company has seen rivals cut into market share in key markets.

    | Mar. 8, 2013, 7:28 AM | 1 Comment
  • Mar. 6, 2013, 7:23 PM
    Japanese stocks move higher again today, extending recent gains with the help of a weaker yen. The Nikkei Average broke above 12,000 for the first time since September 2008, rising 1% to 12,049, with exporters leading once again: Advantest (ATE +1.5%), Hitachi (HTHIY.PK +1.1%), Bridgestone (BRDCY.PK +2.7%), Toyota (TM +0.7%), and Olympus (OCPNY.PK +2.9%).
    | Mar. 6, 2013, 7:23 PM
  • Mar. 6, 2013, 7:12 AM

    Toyota (TM) is at a crossroads after sales for its Camry model fell 9.5% last month, marking its largest monthly sales drop in 16 months. The automaker has done a good job of protecting margins with elevated prices, but might need to bend in order to protect Camry's market share. In its first move in that direction, no-interest financing on the 2013 Camry was offered to buyers last week.

    | Mar. 6, 2013, 7:12 AM
  • Mar. 6, 2013, 4:01 AM

    As expected, Toyota (TM) is overhauling its management for the second year in a row, promoting Vice Chairman Takeshi Uchiyamada to replace Fujio Cho as Chairman. Three out seven VPs will step down and two will be brought in, while the company has also named outside directors for the first time in its history, adding three to the board. Toyota is revamping the management at its Americas operations as well. (PR)

    | Mar. 6, 2013, 4:01 AM
  • Mar. 5, 2013, 7:54 PM
    Japanese stocks move higher today, tracking gains on Wall Street overnight. The Nikkei Average rose 1.3% to 11,832, with exporters leading the advance: Toshiba (TOSYY.PK +2.1%), Pioneer (PNCOY.PK +4.2%), and Toyota (TM +2.1%).
    | Mar. 5, 2013, 7:54 PM | 1 Comment
  • Mar. 5, 2013, 8:45 AM

    China will become the world's largest market for luxury cars by 2016 after its passes the U.S., according to a new report from McKinsey & Co. The firm sees China's premium car market growing to an annual selling rate of 3M premium cars by 2020. Though China provides an enticing growth opportunity for high-end automobile sellers, the market is also fraught with risk as the government stays involved with many of the joint ventures. Watching the trend: Daimler (DDAIF.PK), BMW (BAMXY.PK), Audi (VLKAY.PK), Acura (TM), Cadillac (GM), Aston Martin, Jaguar Land Rover (TTM), Tesla Motors (TSLA).

    | Mar. 5, 2013, 8:45 AM | 6 Comments
  • Mar. 5, 2013, 6:12 AM

    Toyota (TM) Vice Chairman Takeshi Uchiyamada, who led the development of the Prius hybrid, is reportedly set to replace Fujio Cho as chairman as part of a management reshuffle that's aimed at engendering greater flexibility and improving quality. Company President Akio Toyoda also intends to give less-senior managers more responsibility for day-to-day decisions, leaving executive VPs to focus on strategy, and he wants edgier designs.

    | Mar. 5, 2013, 6:12 AM
  • Mar. 4, 2013, 12:33 PM

    Car sales in Germany fell 10% Y/Y which follows up on a 8.5% drop for January. The continued lack of vitality in Europe's most important automobile market sets a dour tone for the Geneva Car Show this week as it's hard to find a forecast for a quick turnaround. Though the trend is particularly hard to swallow for Volkswagen (VLKAY.PK), BMW (BAMXY.PK), and Daimler (DDAIF.PK) trying to boost sales on their home turf, it also affects the automobile sector (GM, F, NSANY.OB, TM, HMC, TSLA) as a whole as it looks toward Germany for answers on the continent-wide demand slump.

    | Mar. 4, 2013, 12:33 PM | 2 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