Toyota Motor Ord Stock News

Toyota says blockade protests and other factors

Vivek Vaidya of the consultancy explains why automakers are waiting for the chip shortage to "go away."

WINDSOR/OTTAWA/WASHINGTON (Reuters) -Ford and Toyota on Wednesday both said they were halting some production as anti-coronavirus mandate protesters blocked U.S-Canada border crossings that have promp

The $391 million investment includes an expanded plant footprint and new production equipment and technology.

Toyota Motor Corp said on Wednesday it did not expect its auto plants in Ontario to produce vehicles for the rest of the week, because of supply problems stemming from COVID-19 trucking protests and o

This year, Toyota fans can expect to see two ads in the Big Game. Today the automotive company is promoting three 15-second teasers for the second ad featuring the new Toyota Tundra and a cast stacked with celebrities. The twist? All three of them have the same last name. Each of the three teasers features…

Bank of America kept a Buy rating in place on Toyota Motor Corporation (TM) after taking in the Japanese automaker''s FQ3 earnings report. Read more.

Global supply-chain woes are affecting car maker too, but even bigger problem looms round corner

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Wednesday Market Open) No news may be good news as equity index futures are pointing to a higher open on another day of light economic announcements. There are several earnings announcements but no big companies that are likely to have far-reaching effects on the market. The higher premarket move could be an impressive follow up to yesterday’s rally. Crude oil prices and yields were lower before the market open which appears to be helping equity futures. Lower oil and yields are helping reduce investor fears as the Cboe Market Volatility Index (VIX) was 3.5% lower in premarket trading and nearing 20. Many of the earnings reports this morning are positive, starting with Toyota (NYSE: TM). The automaker reported better-than-expected earnings and revenues. TM had to cut its production targets due to the semiconductor shortage, but the stock was relatively unmoved in premarket trading.

NEW DELHI, India – Global automaker Toyota Motor and fast-food chain Domino’s Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for disputed Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday, February 8, over social media posts by Hyundai Motor’s Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japan’s Suzuki Motor, majority owner of India’s biggest carmaker Maruti Suzuki, Honda Motor, and Isuzu Motor, South Korea’s Kia Motors, and Yum! Brands’ KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, February 6, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on February 5 to honor the sacrifices of Kashmiris struggling for self-determination.

Several other companies including Suzuki, Honda and Isuzu also issued apologies amid mounting criticism

Global automakers Toyotaand Honda, along withfast food chains Domino''s Pizza and KFC, are among half a dozen companies that have issued public apologiesto India for social media activity on behalf…

The car makers said stress on production from the pandemic was continuing and a shortage of components was likely to stretch through 2022, striking a more pessimistic tone than their peers in Detroit.

Toyota said third-quarter net profit fell 5.6%, while Honda reported a 32% decline

Profit in the third quarter of the company''s fiscal year was down 20% from the same period of 2020 but the car giant remains confident about profitability