|Bid||135.00 x 1000|
|Ask||135.17 x 900|
|Day's Range||134.89 - 136.26|
|52 Week Range||116.81 - 145.41|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||8.26|
|Forward Dividend & Yield||3.59 (2.67%)|
|Ex-Dividend Date||Sep 26, 2019|
|1y Target Est||N/A|
Toyota Motor and Volkswagen each sell 10m cars, give or take, every year. Tesla delivered about 367,500 in 2019. This is the takeaway from Nikkei Business Publications’ teardown of the Model 3, the most affordable car in the US carmaker’s all-electric line-up, starting at about $33,000.
Reuters reported Tesla is moving closer to building a gigafactory in Germany. Tesla needs to build more capacity in coming years to meet the growing demand for electric vehicles.
Consumer Reports is out with its top 10 picks for best cars of the year, with increased emphasis for 2020 on safety technologies and its rankings based for the first time on price point rather than segment categories. Models from Asian brands cleaned up, with the Tesla Model 3 as the lone entrant from an American automaker on the list and the controversial Toyota Supra making an appearance. Among 33 brands tested, Porsche was named top vehicle brand, with Genesis staying at No. 2 and Subaru dropping two places to third.
The hydrogen fuel cell market has a serious player emerging in South Korean automaker Hyundai Motor Corp., which is jumping into the hydrogen truck market to compete with Nikola, Toyota and Tesla
Toyota has more Yaris-based goodness planned for Europe, not the U.S. The Japanese automaker teased its coming B-segment crossover that will start with the Yaris' GA-B platform and add a hair of extra length plus more ride height. In a previous interview with Auto Express, Harrison explained that the C-HR has been a success in terms of gaining conquest buyers. The C-HR's market is growing in Europe as well as splintering, at the same time the supermini hatch segment that the Yaris lives in "is also growing, pulling customers down from the C-segment." A Yaris-based crossover would give Toyota a challenger for the Ford Puma and Nissan Juke, and give shoppers a less expensive option than the C-HR.
Stock in the electric-vehicle pioneer rose back above $900 a share after an analyst at Piper Sandler raised his target for the price to the highest on Wall Street.
China’s extraordinary economic growth over the past four decades transformed the country into the world’s second-biggest economy. The key to this growth is global trade. China is not only the largest trading partner in the world, but it is also central to a myriad of supply chains.
Adding all-wheel drive to the 2021 Toyota Avalon is pretty much an instance of "Hey, why not?" The latest-generation Avalon, like its Camry platform-mate, was never meant to have four driven wheels when it launched, but here I am less than two years after driving that supposedly front-drive-only full-size luxury sedan for the first time. Well, the easiest answer is that the Camry got all-wheel drive, so hey, why not add it to the Avalon as well? All the engineering done to send power to the Camry's back wheels could just as easily be done to the Avalon, as they share the same TNGA-K platform.
The 268-horsepower Toyota GR Yaris joined the list of forbidden fruits we can't get in the United States when it made its global debut at the 2020 Tokyo Auto Salon. Toyota has "an answer" for the GR Yaris (pictured) that's better tailored to the American market, according to Bob Carter, the firm's executive vice president of sales. The Yaris we get is a re-badged Mazda2 that shares no major parts with the fourth-generation hatchback sold overseas, so giving it World Rally Championship-like power would be easier said than done.
Toyota Motor Corp said on Saturday it plans to resume output at three of its four main auto plants in China next week. The resumption of production had initially been slated for Feb. 3 following the Chinese Lunar New Year holidays, but was delayed because of the new coronavirus outbreak in China. Operations at Toyota's plant in Changchun, Jilin province, and another plant in Guangzhou, Guangdong province, will restart on Monday, while a factory in the northern Chinese port city of Tianjin will resume operations on Tuesday, Toyota said.
The 2020 Toyota Supra finally went on sale last year as one of the most controversial new sports cars in a long time. For 2021, Toyota is adding a couple wrinkles to the Supra equation. The biggest news for the 2021 Toyota Supra is the arrival of a turbocharged four-cylinder model called Supra 2.0.
While Toyota (TM) tops earnings estimates in third-quarter fiscal 2020, Honda (HMC) lags the same. Meanwhile, Tesla (TSLA) issues recall for most of the Model X SUVs built before mid-October 2016.
Intuition Robotics, the company best known for its ElliQ robot, a digital home companion for the elderly, today announced that it has raised a $36 million Series B round co-led by SPARX Group and OurCrowd. Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg Beta also participated in the round. This brings the total funding for the company, which was founded in 2016, to $58 million.
The Zacks Analyst Blog Highlights: Alibaba, Toyota Motor, Bristol-Myers Squibb, S&P Global and Uber Technologies
(Bloomberg) -- Toyota Motor Corp. borrowed $2.5 billion through its finance company to help support the sale of clean cars, marking the first U.S. corporate green bond deal this year.Toyota Motor Credit Corp. sold the debt in three parts, according to a person with knowledge of the matter. Only the 10-year security will be green, and it will yield 65 basis points above Treasuries, after initially discussing in the high 70s-basis point range, the person said, asking not to be identified as the details are private. Toyota capped the green portion of the deal at $750 million, the person said.The proceeds of the other securities, a floating rate note due 2021 and five-year fixed rate bond, will be used for general corporate purposes, the person said.Toyota has outlined a green bond program that will help finance new loans and lease contracts for eligible Toyota and Lexus vehicles, such as gasoline-electric hybrids like the Prius. Monday’s issuance adds to the $5.3 billion of green bonds that Toyota Motor Credit had issued through the end of 2019.The deal marks the first U.S. corporate green bond of the year, according to data compiled by Bloomberg. Corporations and governments globally borrowed a record $204 billion worth of green bonds last year, from about $136 billion in 2018, the data show. Combined with sustainability debt, issuance is expected to climb to $400 billion this year, according to Moody’s Investors Service.BNP Paribas SA, Citigroup Inc., Credit Agricole SA, JPMorgan Chase & Co. and Mizuho Financial Group Inc. managed Toyota Motor Credit’s bond sale, the person said.To contact the reporters on this story: Caleb Mutua in New York at firstname.lastname@example.org;Michael Gambale in New York at email@example.comTo contact the editors responsible for this story: Nikolaj Gammeltoft at firstname.lastname@example.org, Molly Smith, Andrew KosticFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
DHT Holdings (DHT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
Radian (RDN) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Fiat Chrysler (FCAU) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
AC Immune (ACIU) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.