|Bid||117.38 x 800|
|Ask||117.49 x 800|
|Day's Range||117.07 - 117.86|
|52 Week Range||111.12 - 137.56|
|Beta (3Y Monthly)||0.71|
|PE Ratio (TTM)||7.18|
|Forward Dividend & Yield||3.52 (2.85%)|
|1y Target Est||148.85|
Just when we all accepted that hope for a manual transmission in the BMW Z4 or Toyota Supra was entirely lost, BMW throws us this curveball. Casually tossed into a press release on BMW's European media website is this small, but also giant, nugget of information.
It seems the Japanese sports car wars are heating up once again, after nearly a 20-year hiatus, particularly with Toyota reviving the Supra. Not too long ago, Nissan's Nismo performance and heritage department recently revealed its efforts to reproduce classic parts for some of its vintage Skyline models. Now, it seems Toyota is following suit as Japanese Nostalgic Car reports that Toyota will soon start remaking parts for its MkIII A70 and MkIV A80 Supra at the Japanese launch of the current model last week.
Moody's Japan K.K. has affirmed Panasonic Corporation's A3 long-term issuer rating and senior unsecured bond ratings. At the same time, Moody's has changed the outlook to negative from stable. "The negative outlook reflects the increasing uncertainty whether Panasonic can generate sufficient earnings to restore its operating margins over the next few years, given the delays in turning its automotive business profitable," says Masako Kuwahara, a Moody's Vice President and Senior Analyst.
Toyota Motor Corp. is considering a roughly $400 million investment at its Toyota Motor Manufacturing Texas Inc. truck assembly plant in South San Antonio. The city of San Antonio and Bexar County are expected to consider incentive packages for that potential investment, which would be one of the largest in the region in years. San Antonio's City Council will vote on its incentive package on May 30, Mayor Ron Nirenberg said.
Toyota Motor's Japan Taxi, born in a government committee and designed to be an all-things-to-all-people cab, has become a high-priced icon of Tokyo's budget-busting 2020 Olympic and Paralympic Games. Launched in 2017, the indigo car is the realisation of a government project to put a taxi on Japan's roads that could carry wheelchair users, luggage-laden travellers and foreign visitors of all sizes. It includes a wheelchair ramp, heated seats, smartphone chargers, an array of anti-collision sensors and even virus-killing air conditioning.
Although the comments are unusually strong, the source of them is no surprise: Toyota President Akio Toyoda is also chairman of JAMA, the influential trade group. “We are dismayed to hear a message suggesting that our long-time contributions of investment and employment in the U.S. are not welcomed,” Toyoda said in a statement Tuesday. The unusually sharp-worded statements reflect rising concern on the part of Japan’s all-important auto sector ahead of Trump’s state visit later this week.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Toyota Tsusho Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
In 2018, JAMA manufacturers built 3.7 million vehicles and 4.4 million engines. Japanese automakers, led by Toyota Motor President Akio Toyoda, had more harsh words for U.S. President Donald Trump on Tuesday after he labeled international auto imports a threat to national security last week.
Remember that ultra-luxe Lexus LM minivan from a month ago? Well, we certainly haven't forgotten, and Toyota just released another new van to fawn over. Let us introduce you to the all-new Toyota Granvia.
Toyota Motor Corp last month announced two deals in China that were small in size but large in strategic planning. The technology transfers represent gestures of goodwill to Beijing by the Japanese automaker, which wants to "step on the accelerator in China" as CEO Akio Toyoda told an internal management group, according to minutes of meetings on March 19 and April 23 viewed by Reuters. Announcing U.S. investment first was a strategy Toyoda felt the company needed to pursue to avoid U.S. President Donald Trump's wrath, the minutes showed - providing a rare window into how it has sought to tread carefully as the United States and China battle for investment, jobs and influence in the global economy.
The U.S. Commerce Department called automotive imports a threat to national security—a decision that gives President Donald Trump the right to “adjust” imports.
Japan's automakers' lobby said on Tuesday it was dismayed by President Donald Trump's declaration that some imported vehicles and parts posed a threat to U.S. national security, as the industry braces for a possible rise in U.S. tariffs. Trump made the unprecedented designation of foreign vehicles on Friday but delayed for up to six months a decision on whether to impose tariffs to allow for more time for trade talks with Japan and the European Union. "We are dismayed to hear a message suggesting that our long-time contributions of investment and employment in the United States are not welcomed," said Akio Toyoda, chairman of the Japan Automobile Manufacturers Association.
Toyota had raised the amount of each debt issuance by about 10 billion yen ($91 million) to 30 billion yen for the five year, and 20 billion yen for the 10 year. The failed bond sale is the latest sign of trouble in Japan’s over 70 trillion yen company note market. Bloomberg reported in October that underwriters in Japan failed to fully sell at least 29% of corporate debt offerings in September, twice the average over six months, based on interviews with investors, underwriters and issuers.
Toyota Unhappy With Trump Car Tariffs "Today's proclamation sends a message to Toyota that our investments are not welcomed, and the contributions from each of our employees across America are not valued," Toyota (NYSE:TM) said in protest against President Trump’s new tariff policy declaring imported car parts a threat to national security. Trump’s claim is that, […]The post Market Morning Tough Toyota Tariff Talk, Brexit Round 4, Retailer Jitters, 'Hardcore' Tesla Cost Cuts appeared first on Market Exclusive.
The bits and bobs we saw revealed on the Toyota Supra TRD Performance Line Concept are ready for primetime. TRD put them on display on Facebook last week, and at least one Japanese dealer showed the handiwork on a show-floor Supra. The good news is that they look just as good as they did on the concept, made from carbon fiber reinforced plastic and given a lustrous coating over a perfect weave pattern.
WASHINGTON (Reuters) - Toyota Motor Corp on Friday criticized U.S. President Donald Trump's decision to declare some auto sector imports a national security threat, saying it sends a message to the Japanese ...
Trump earlier Friday agreed with the conclusions of his Commerce Department, which investigated imports of vehicles and auto parts and found they harm national security by having led to a declining market share for “American-owned” carmakers since the 1980s. The White House set a 180-day deadline for negotiating deals with Japan, the European Union and other major auto exporters.
Trump issued a new directive Friday giving Japan and the European Union six months to renegotiate their trade deals with the U.S. Trump issued a new directive Friday giving Japan and the European Union six months to renegotiate their trade deals with the U.S. so that the "American automobile industry, its workforce, and American innovation" are protected.