The ongoing lack of semiconductors is harming the entire automotive industry, though its effects are not felt equally.
ONTARIO, Canada As a six-day old blockade of North Americas busiest trade corridor ended on Sunday, February 13, Canadians voiced questions on policing tactics used to quell the demonstrations in the border city of Windsor and in Ottawa where protests entered a third week. The Freedom Convoy protests, started by Canadian truckers opposing a vaccinate-or-quarantine mandate for cross-border drivers, have turned into a rallying point for people opposing the policies of Prime Minister Justin Trudeaus government, covering everything from pandemic restrictions to a carbon tax. Meanwhile a social media outcry has been triggered by images of police mingling with a sea of protesters in Ottawa, helping some put a fallen tent back up, and one video showing an Ontario Provincial Police officer telling demonstrators I support you guys 100%. The police department said the officers comments were not in line with the OPPs values and they were investigating. Must Read US-Canada bridge reopens after police clear protesters At least two members of Canadas Special Operations Forces are also under investigation for allegedly supporting the protests, the military said.

Toyota has still not resumed production in Ontario

02:54pm, Monday, 14'th Feb 2022 Metro US
WASHINGTON (Reuters) Toyota Motor Corp said Monday it has not yet resumed production at its three manufacturing lines in Ontario even after a key U.S.-Canadian bridge reopened. The Japanese automakers plants in Ontario, where it builds its best-selling RAV4 sport utility vehicle, have halted production since Thursday because of parts shortages stemming from the Read More

Toyota''s All-New 2022 Tundra is "Born For This"

02:00pm, Monday, 14'th Feb 2022 PR Newswire
PLANO, Texas, Feb. 14, 2022 /PRNewswire/ -- Born from a lineage of trucks and SUVs rooted in quality, durability and reliability, there''s no question that the all-new 2022 Toyota Tundra is an absolute powerhouse. The campaign for the all-new Tundra, "Born For This," marks Toyota''s largest

Ambassador Bridge Reopens As Protesters Cleared

01:51pm, Monday, 14'th Feb 2022 Baystreet Canada
The Ambassador Bridge that facilitates two-way trade between Canada and the U.S. has reopened after a weeklong protest had shut it down. “Normal border processing has resumed at the Ambassador Bridge,” the Canada Border Services Agency said on Twitter. The reopening came after local police and the Royal Canadian Mounted Police slowly and methodically pushed protesters from the foot of the bridge up Huron Church Road starting Saturday (February 12). With the road cleared, police worked to remove barriers positioned to prevent the protest from growing and to get Canada’s border agency staff to the bridge. Restarting traffic across the bridge after the week-long blockade is essential to both the U.S. and Canadian economies. The protest halted the transport of $13.5 million U.S. an hour in traded goods and forced automakers to reduce production or cancel shifts at plants in Ontario and Michigan. A Superior Court Judge issued an injunction Friday afternoon, giving police stronger legal cover to make arrests and tow vehicles.
Toyota Motor Corporation found using ticker (TM) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Strong_Buy''. The target price ranges between 242.03 and 229.63 with a mean TP of 235.83. With the stocks previous close at 194.41 this now indicates there is a potential upside of 21.3%. The day 50 moving average is 192.51 and the 200 day moving average is 179.79. The company has a market cap of $268,141m. Company Website: https://global.toyota/en [stock_market_widget type="chart" symbol="TM" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $325,269m based on the market concensus. Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Prius PHV, C-HR, LC HV, ES HV, Camry, JPN TAXI, Avalon HV, Crown HV, Century HV, UX HV, Corolla SD, Corolla Sport, RAV4 HV, WG HV, RAV4 PHV, Highlander HV, Harrier HV, Sienna HV, UX EV, Corolla Cross HV, and Yaris HV names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Corolla Sport , Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, GLANZA, Urban Cruiser, and Raize names.

Global Markets Slide On Mounting Ukraine Tensions

12:51pm, Monday, 14'th Feb 2022 Zero Hedge
Global Markets Slide On Mounting Ukraine Tensions US index futures and global stocks extended their Friday losses on Monday, as worries about growing geopolitical conflict in Ukraine sparked concerns about global economic growth and adding to concerns about inflation and the prospect of aggressive Fed rate hikes to tame it. Nasdaq futures were down 1.2% by 715 a.m. ET after earlier sliding as much as 1.5%. S&P 500 futures slipped 0.8%, setting up the benchmark U.S. index to fall further from a two-week low reached on Friday. Treasury yields dropped further from a multi-year high hit on Friday and gold rose, while bitcoin extended its sharp decline from Friday. Focal points Monday include comments by St. Louis Fed President James Bullard at 8:30am ET. Airline stocks slid in premarket trading, following European peers lower, as growing concerns about geopolitical risks over Ukraine ripple through global markets. Lockheed Martin Corp. scrapped its bid to buy Aerojet Rocketdyne Holdings Inc. after the Federal Trade Commission sued to block the deal.
Toyota Motor Corp said Monday it has not yet resumed production at its three manufacturing lines in Ontario even after a key U.S.-Canadian bridge reopened.
Toyota has warned it expects to lose between 100,000 and 200,000 units of output next month due to the semiconductor bottlenecks after losing 140,000 units in January from COVID-19 interruptions. In total, the automaker could lose up to 480,000 units from January through March.
The Ambassador Bridge between the U.S. and Canada has reopened after protesters blocked it for nearly a week. CNBC's Phil LeBeau joins 'Squawk Box' to report how U.S. automakers are responding.
Toyota City, Japan, Feb 14, 2022 - (JCN Newswire) - We at Toyota have made repeated adjustments to our production plans due to a parts shortage resulting from the spread of COVID-19, causing considerable inconvenience to our customers and other parties concerned. We would like to express our gratitude to everyone involved for their immense support in helping us maintain production. Our global production plan for March 2022 is expected to be around 950,000 units. We … Full story available on Benzinga.com
North Americas busiest trade link will reopen for traffic on Sunday, ending a six-day blockade, a top U.S. official said, after Canadian police cleared the protesters fighting to end COVID-19 restrictions. The blockade has choked the supply chain for Detroits carmakers, forcing Ford Motor Co, the second-largest U.S. automaker, General Motors Co., and Toyota Motor The post Ambassador Bridge Reopening Sunday After Police Clear Last of Anti-Vax Truck Protesters appeared first on HillReporter.com .
Toyota''s second Super Bowl ad is an upbeat comedy spotlighting the all-new 2022 Toyota Tundra. "The Joneses" is Toyota''s second entry in the Big Game following its first ad "Brothers," the touching story of Paralympic and Olympic brothers who worked together to win gold at the Paralympics. "The Joneses" is a vastly different, wholly upbeat
The six-day blockade has choked the supply chain for Detroit''s carmakers, forcing Ford Motor Co, General Motors Co and Toyota Motor Corp to cut production.The bridge carries about $360 million a day in two-way cargoes - 25% of the value of all US-Canada goods trade
Super Bowl Sunday! Its here at last, the national holiday when were forced to sit through football in order to watch so many beloved ads. For the tenth straight year, Yahoo Sports is grading the Big Game''s commercials. Liz Roscher ( @lizroscher ) is here to escort you through the dizzying array of celebrity cameos, awkward jokes and heartstring-tugs of this years contingent of ads, updating live as they air. Grade A Toyota, Winter Olympics 2022: Brothers Toyota''s Super Bowl commercial hallmark is athletes overcoming adversity, and they hit the mark this year. They tell the inspirational story of skiing brothers Brian and Robin McKeever, who worked together after Robin began to lose his vision to win 10 paralympic medals in Nordic events. Their story deserves to be told, and with everything going on in the world right now, it''s a welcome reminder that good things can come out of bad things. T-Mobile, Rescue Your Phone Today Dolly Parton is a national treasure and she''s finally in a Super Bowl commercial that''s worthy of her.
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