The Latest Breaking News from TM

Toyota Motor Corp (NYSE:TM) said it plans to slash its vehicle production target in April by 150,000 units. The company's global production plan for April, including overseas production, is approximately 750,000 units. The auto maker's decision follows a semiconductor shortage amid disruptions caused by the COVID-19 pandemic. The global production plan average from…

Toyota Motor Corp (NYSE:TM) Toyota Motor North America will make a $27 million investment in its manufacturing plant in Long Beach, California, Toyota Auto Body Company (TABC). The investment will equip TABC with the first coil-fed laser blanking line, expand blanking capability and increase capacity to cut 5.6 million blanks annually. The added…

Industrial supply chain disruptions have persisted over the past year, owing to sky-high demand, labor shortages, and increased market uncertainty. And these supply risks are expected to flare up in 2022. So, we think three fundamentally bleak stocks, namely Toyota Motor (TM), Lam Research (LRCX), and Weber (WEBR), are best…

Despite apparent logistical hurdles and record high January inflation data, the demand for automobiles continues to thrive. So, we think it could be wise to add quality auto manufacturing stocks Toyota (TM), Honda (HMC), and Tata (TTM) to one’s portfolio now. These stocks have outperformed the markets so far this…

Toyota Motor Corp (NYSE:TM) has made a $90 million investment in two of its U.S. manufacturing facilities to expand the production of electrified vehicles. The company has made a $73 million investment in Toyota West Virginia (TMMWV) and $17 million in Toyota Tennessee (TMMTN). The move comes after the $240 million investment announced…

Mega-cap stocks tend to dodge market volatility better than smaller stocks, given their companies’ market dominance and financial stability. So, fittingly, prominent mega-cap players Mastercard (MA), Exxon Mobil (XOM), Toyota Motor (TM), Chevron (CVX), and Wells Fargo (WFC) have emerged as the best performers amid the market downturn in January.…

Japanese automaker Toyota (TM) displaced General Motors (GM) last year as the highest-selling automobile manufacturer in the United States amid strong demand for EVs and hybrids. The rising acceptance of international car brands in the U.S. has caused domestic automobile manufacturers to lose market share. Given this backdrop, we believe…

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