Toyota Motor Corporation (TM) - NYSE
  • 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
  • Mar. 4, 2013, 7:24 AM
    Japanese automakers see some hope with their sales in China as the pace of declines levels off during the first two months of the year. With the tide slowing turning, look for the group to launch new models and ramp up advertising efforts in China to boost sales after a territorial dispute stoked anti-Japan sentiment. 2013 China sales (Y/Y): Nissan (NSANY.OB) -14%, Toyota (TM) -13%, Honda -4%.
    | Mar. 4, 2013, 7:24 AM
  • Mar. 2, 2013, 11:00 AM

    Electric Vehicle Roundup: 1) Chevrolet Volt (GM) sales continue to fluctuate wildly, up 59% Y/Y and 43% M/M in Feb. to easily beat sales on Toyota's (TM) Prius. 2) Look for Ford (F) to include sales numbers on the Fusion Energi as the model hits dealerships this month. 3) Nissan (NSANY.OB) sold 636 Leafs in the U.S., +36.6 Y/Y, flat M/M, just ahead of the unveiling of a new model. 4) In Scotland, politicians issue campaign promises to install an EV charging point every 50 miles. 5) Tesla Motors (TSLA) trades in the mid-$30s post-earnings. On tap: Will revenue cover payments on a DOE loan and production costs or will Elon Musk need to float more stock?

    | Mar. 2, 2013, 11:00 AM | 77 Comments
  • Mar. 1, 2013, 10:16 AM
    Toyota (TM) February U.S. sales: +4.3% to 166,377 vehicles, falling short of the consensus estimate of analysts. Full sales totals by model will be issued by the automaker later today. (PR)
    | Mar. 1, 2013, 10:16 AM | 1 Comment
  • Feb. 28, 2013, 7:57 PM

    Japanese shares pull back in early trading after sharp gains in the previous session. The Nikkei Average fell 0.3% to 11,535, with blue chips leading declines: Softbank (SFTBY.PK -1%, Advantest (ATE -1.6%), Toyota (TM -0.5%), and Mitsubishi Motors Corp. JP:7211 -0.98% (MMTOY.PK -2%).

    | Feb. 28, 2013, 7:57 PM
  • Feb. 27, 2013, 8:40 PM
    Japanese stocks move higher in early trading, boosted by a Wall Street rally overnight. The Nikkei Average rose 1.5% to 11,419, with exporters and financials among the leaders: Toshiba (TOSYY.PK +2.7%), Canon (CAJ +2.2%), Advantest (ATE +3.1%), Toyota (TM +1.6%), Komatsu (KMTUY.PK +4.3%, and Fuji Heavy Industries (FUJHY.PK +2.8%).
    | Feb. 27, 2013, 8:40 PM
  • Feb. 27, 2013, 8:39 AM
    Japanese automakers led by Toyota (TM) and Honda (HMC) topped Consumer Reports' annual ranking of automobile brands while U.S. automakers (GM, F, FIATY.PK) lagged further down the list. Though initiatives by the Big Three to freshen up their lineup could boost sales, the magazine thinks that there might be growing pains. CR: "...when you come out with new models and new powertrains, you end up with reliability woes."
    | Feb. 27, 2013, 8:39 AM | 14 Comments
  • Feb. 26, 2013, 7:32 AM

    Toyota (TM) says it will begin exporting Venza vehicles assembled in the U.S. to Russia and Ukraine later this year. The move reinforces a growing trend by the automaker to assemble in the U.S. Last year, the automaker increased the number of U.S.-assembled vehicles sent overseas by 45% to 124K.

    | Feb. 26, 2013, 7:32 AM
  • Feb. 25, 2013, 7:35 AM

    Consumers bought 1.2M new automobiles (+4.3% Y/Y, +15% M/M) in the U.S. during February, according to analysts. Though it's an excellent sign that average transaction prices rose and the level of incentives in the industry were moderate, inventory levels will be watched closely to ensure automakers aren't getting too far in front of demand. Of the pack, Ford (F) is forecast to have the largest yearly jump in sales for the month with Chrysler (FIATY.PK), Toyota (TM) and General Motors (GM) also strong - while Honda (HMC) and Nissan (NSANY.OB) are likely to report a decline in sales.

    | Feb. 25, 2013, 7:35 AM | 7 Comments
  • Feb. 21, 2013, 10:50 AM

    Though Tesla Motors (TSLA -9.2%) CEO Elon Musk is taking the hardest loss today on the automaker's tumble in share price, Daimler (DDAIF.PK) is also suffering with its 4.7% stake in TSLA making it number two on the list while Toyota (TM -1.1%) also has a stake. Interestingly, Musk says he won't ask the big boys for more money but will fund Model X SUV production through profits. Look for issues of Tesla cash flow to be a major topic in 2013. (transcript)

    | Feb. 21, 2013, 10:50 AM | 11 Comments
  • Feb. 19, 2013, 8:56 AM

    Toyota (TM) says a business venture in Russia is producing its SUVs for distribution throughout the nation. The plant in Vladivostok has the capability to manufacture close to a thousand Land Cruiser Prado SUVs a month, a level which falls in line with the automaker's ambitious plans in the region.

    | Feb. 19, 2013, 8:56 AM
  • Feb. 19, 2013, 7:15 AM
    The latest batch of numbers on car demand in Europe is out from the European Automobile Manufacturers' Association with 2013 starting off with demand just as soft as last year. Registrations dropped 8.5% to 918,280 with Ford (F), Peugeot (PEUGF.PK), and Toyota (TM) posting sharp declines. Though sales are forecast to pick up in some areas of Europe this year, most automakers see the market shrinking between 3% to 5%.
    | Feb. 19, 2013, 7:15 AM | 3 Comments
  • Feb. 14, 2013, 7:39 PM

    Japanese stocks dip in early trading as the market awaits the G-20 summit, which could pressure Japan to temper its weak yen policy. The yen lost ground overnight, which in turn helped send the Nikkei Average down 0.6% to 11,243. Currency-sensitive exporters took a hit: TDK (TTDKY.PK -1.5%), Toyota (TM -1.51%), Panasonic (PC -1.8%), Sony (SNE +-3.1%), Kirin Holdings (KNBWY.PK -6.3%), and Trend Micro (TMICY.PK -9.2%).

    | Feb. 14, 2013, 7:39 PM
  • Feb. 14, 2013, 3:48 AM

    Toyota (TM) sweeps J.D. Power's 2013 vehicle dependability study, with its Lexus brand snagging top spot, followed by GM (GM), Honda (HMC), Mazda (MZDAY.PK, MZDAF.PK) and Ford (F). Volkswagen (VLKAY.PK, VLKAF.PK) did not fare well, with 174 reported problems per 100 vehicles.

    | Feb. 14, 2013, 3:48 AM | 5 Comments
  • Feb. 13, 2013, 12:55 PM
    Bank of America thinks the U.S. automobile sector could be set to kick into a higher gear even after posting a solid 13.4% gain in sales last year. Analysts with the firm lean on the demand issue of an aging U.S. fleet in making their bullish call, noting consumer buying to replace high-mileage vehicles should stay strong until 2018 before softening.
    | Feb. 13, 2013, 12:55 PM | 6 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