Seeking Alpha
 

Toyota Motor Corporation (TM)

- NYSE
  • Tue, Mar. 3, 11:47 AM
    • Toyota (TM -0.4%) reports broad gains in demand in February with new 2015 models holding their own in key segments.
    • The Japanese automaker picked up a noticeable chunk of market share over the month as it sales pace topped major rivals.
    • Total Toyota sales of 180,467 for the month edged past Ford's tally of 180,383.
    • Sales by brand: Toyota +12.1% to 140,429; Lexus +22% to 22,995.
    • Sales by model: Corolla +10.0% to 27,839; Prius -6.6% to 12,018; Camry +13.6% to 32,942; Lexus ES -3.9% to 4,192; RAV4 +33.4% to 21,943; Highlander -6.5% to 11,263; Lexus NX 2,666 (new).
    | Comment!
  • Tue, Mar. 3, 11:35 AM
    • Toyota (NYSE:TM) unit sales +13.3% to 180,467 units on an unadjusted basis vs. +16.0 to +17.6% forecast.
    • Truck demand continued to rise during the month with the RAV4 setting a record.
    • The automaker will release full sales details by model later in the day.
    | Comment!
  • Tue, Feb. 24, 1:25 PM
    • Consumer Reports selects the Tesla Model S as the best overall model with an overall score of 99 on a combined measure of safety, performance, and reliability.
    • Though scoring off the charts on performance and equivalent gas mileage, the Model S was only "average" for reliability.
    • Other segment winners are listed below.
    • Compact car: Subaru Impreza (test score 79).
    • Midsize sedan: Subaru Legacy (test score 89).
    • Large car: Chevrolet Impala (test score 91).
    • Luxury car: Audi A6 (test score 90).
    • Green car: Toyota Prius (test score 75).
    • Sports sedan: Buick Regal (test score 83).
    • Small SUV: Subaru Forester (test score 86).
    • Large SUV: Toyota Highlander (test score 84).
    • Minivan: Honda Odyssey (test score 84).
    • The pickup category was skipped by CR due to the newness of the F-150 and Chevy Colorado launch.
    • 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.
    | 281 Comments
  • Tue, Feb. 24, 9:48 AM
    • Toyota (NYSE:TM) is refining the manufacturing process for the Mirai hydrogen model.
    • Early production on the Mirai is serving as a learning lab for employees on installing the crucial hydrogen tank.
    • The Japanese automaker plans to make 700 Mirai cars this year, 2K in 2016, and 3K in 2017.
    • Toyota, Honda, and Nissan are working together to build out hydrogen-fueling infrastructure in Japan with the backing of the government.
    • Previous coverage on the Toyota Mirai.
    | Comment!
  • Mon, Feb. 23, 1:53 PM
    • U.S. sales for Toyota (NYSE:TM) will increase 17.6% Y/Y to 187.3K in February, according to an estimate from TrueCar.com.
    • Toyota's market share is forecast to be 14.5% vs. 14.7% in January and 13.3% a year ago in February.
    • Incentive spending +0.5% Y/Y and flat M/M to $1,811 per unit.
    • Industry-wide new vehicles sales are expected to rise 8.5% Y/Y during February to 1.2965M
    | 1 Comment
  • Wed, Feb. 18, 10:19 AM
    • Shares of Toyota (NYSE:TM) and Nissan (OTCPK:NSANY) are both up 1.3% (Nikkei +1.2%) on some positive news this week for the Japanese automakers.
    • The companies both gained market share on strong sales in Europe and the U.S. during January amid positive review for new models.
    • Those sales in the U.S. and Europe are magnified as Toyota and Nissan convert cash back to the weaker yen.
    | 1 Comment
  • Tue, Feb. 17, 10:16 AM
    • Toyota (NYSE:TM) car registrations +8.5% to 51,236 units in January, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +6.7% Y/Y, led by strong growth in Spain and Italy.
    • Toyota market share: 5.0% vs. 4.9% a year ago.
    • Results include the Toyota and Lexus brands.
    • EAMA release (.pdf)
    | Comment!
  • Mon, Feb. 16, 5:52 AM
    • Asian suppliers are resorting to costly air freight, as a labor dispute at U.S. West Coast ports disrupts supply chains across the Pacific.
    • With ports near gridlock, President Obama dispatched Labor Secretary Tom Perez to California on Saturday to try to broker an agreement between dockworkers and the group representing shippers and terminal operators.
    • Many automakers have been hit hard in the U.S. as car parts have been held up by the dispute. Honda (NYSE:HMC) has declared that it would slow production at several U.S. plants, Subaru (OTCPK:FUJHY) said it would continue flying parts in to its U.S. facilities, while Toyota (NYSE:TM) announced that it had reduced overtime at some factories. Nissan (OTCPK:NSANY) also stated that it is being affected.
    • A Shanghai index for U.S. West Coast freight rates rose 23 points last week to 2,265 and brokers said quotes had risen a further five points today.
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | 5 Comments
  • Sat, Feb. 14, 10:53 AM
    | 79 Comments
  • Mon, Feb. 9, 9:35 AM
    • Toyota (TM -0.2%) is expected to increase dividends or buy back shares as its strong cash position continues to improve.
    • JPMorgan sees the Japanese automaker sitting on $59B by March with it maintaining a healthy 10% operating margin through the quarter.
    | Comment!
  • Wed, Feb. 4, 2:23 AM
    • Toyota (NYSE:TM) raised its fiscal year profit forecast today as a weaker yen increased the value of sales overseas, making up for slumping demand at home.
    • Net income for the year ending March 31 may now climb to a record ¥2.13T ($18.1B), compared to the automaker's previous guidance of ¥2T in profit.
    • Net income rose to ¥600B for the quarter ended December, exceeding the ¥549.2B forecast by analysts.
    | Comment!
  • Tue, Feb. 3, 7:41 PM
    • Automakers turned in an impressive U.S. sales tally for January with majors GM, Ford, Fiat Chrysler Automobiles, Honda, and Toyota all with double-digit sales growth.
    • The gains weren't top-heavy as Subaru (+24%), Audi (+14%), Mitsubishi Motors (+33%), and even Porsche (+27%) all big gainers.
    • Sales of lights trucks and SUVs rose 19.3% during the month, according to Autodesk.
    • Average transaction prices were up 5.2% Y/Y on average, estimates Kelley Blue Book. GM and Ford both benefited on their ATP through a higher mix of SUVs and trucks.
    • It wasn't a spectacular month for electric vehicle sales with demand for the Nissan Leaf falling off and the Tesla Model S an insignificant factor in the U.S. total.
    • High-level automobile execs attributed the strong demand in part to the $2 gas price level seen across the U.S.
    • Automaker stocks: GM, F, TM, HMC, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, TTM, OTCPK:MMTOF, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:GELYF, FCAU, OTCPK:NSANY, OTCPK:DDAIF.
    | 43 Comments
  • Tue, Feb. 3, 11:23 AM
    • Toyota (NYSE:TM) unit sales +15.6% to 169,194 units on an unadjusted basis vs. +13.4% forecast.
    • A monthly sales record for light trucks was set, led by the RAV4 and Highlander models.
    • The automaker will release full sales details by model later in the day.
    | Comment!
  • Mon, Feb. 2, 7:47 AM
    • Hyundai (OTC:HYMLF) lowered the cost of its fuel cell Tucson ix EV in South Korea.
    • The price tag on the model at 85M won ($77,189) is still considerably higher than the Toyota (NYSE:TM) Mirai's list price of ¥6.7M ($56,934).
    • What to watch: Though the fuel cell EV industry is still in its infancy with production numbers this year expected to be very low, the recent backing of the Japanese government of the power alternative gives it some backing.
    • Previously: The electric vs. hydrogen debate just got interesting (Jan. 15 2015)
    | Comment!
  • Sat, Jan. 31, 10:39 AM
    • Automakers need to address the issue of how to sell to millennials, according to data from TrueCar.
    • The group is projected to purchase 4.24M vehicles in 2015 to account for close to 25% of the total new car market in the U.S. That's a percentage that will stay on the rise over time.
    • A few things to keep in mind about millennials.
    • They have an indie spirit that can veer away from dominant brands. Just ask McDonald's or Anheuser-Busch InBev.
    • They are early adopters of new technology. Just ask the cable companies.
    • They don't take their marching orders from Madison Avenue on what products are on-trend. Just ask Abercrombie & Fitch.
    • Millennials are likely to have a lot to say with the critical question on if electric batteries or hydrogen fuel cells (Tesla vs. Toyota) emerge as the dominant alternative energy source for the industry.
    • Automaker stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, TTM, OTCPK:MMTOF, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:GELYF, FCAU.
    | 293 Comments
  • Thu, Jan. 29, 1:18 PM
    • Toyota (TM +0.5%) recalls 52K Avalon vehicles to address a wiring issue that could potentially be a fire hazard.
    • The recall action covers cars from the 2010 and 2011 Avalon model years.
    | Comment!
Visit Seeking Alpha's
TM vs. ETF Alternatives
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.