|Bid||115.49 x 1400|
|Ask||124.96 x 800|
|Day's Range||124.49 - 124.98|
|52 Week Range||111.12 - 138.68|
|Beta (3Y Monthly)||0.71|
|PE Ratio (TTM)||7.64|
|Forward Dividend & Yield||3.52 (2.98%)|
|1y Target Est||148.01|
For my colleague and 2 Dudes co-host Rick Newman and I, it was another show in the books where SUVs were the main draw. Truck love in NYC is nothing new, as last year it was the pickups that were all the rage, but with new models out last year for Ford (updated at least), GM, and Ram, the half-ton battlefield for 2019 was subdued.
The U.S. National Highway Traffic Safety Administration is expanding a probe into potentially defective air bags to 12.3 million vehicles and upgrading it to an engineering analysis, a step required before it can seek to compel recalls, it said on Tuesday. The agency, known as NHTSA, said the air bags were installed in some vehicles from model years 2010 through 2019 sold by Fiat Chrysler Automobiles NV, Honda Motor Co, Hyundai Motor Co, Kia Motors Corp, Mitsubishi and Toyota Motor Corp.
Trump Praises Economy Again: Here's What He Didn't Mention(Continued from Prior Part)Economic uncertaintyWhile we’ve seen some strong economic data over the last couple of weeks, there still seem to be some rough patches. For instance, US
Some of the problematic air bags do not inflate during a crash, and could be responsible for as many as eight deaths.
Tech and Media's Latest: UBER, AMZN, NFLX, GOOG, and MoreUber ATG is set to have its own entity ahead of Uber’s IPO Ride-hailing giant Uber announced last week that it had forged a deal with Japanese companies SoftBank (SFTBY), Toyota Motor (TM),
The Latest Buzz from the Semiconductor Sector: QCOM, INTC, AVGO(Continued from Prior Part)Qualcomm and NXP split over 5G connectivity in vehicles Qualcomm (QCOM) and NXP Semiconductors (NXPI) nearly merged their operations last year, as they seemed
During a press event held at the Port of Los Angeles, company executives, flanked by public officials, reiterated an earlier pledge to deploy 10 trucks as part of the Zero and Near-Zero Emissions Freight Facilities Project (ZANZEFF), a broad-based initiative aimed at promoting the use of fuel cell-electric trucks, clean cargo handling equipment and fueling infrastructure. "Toyota is committed to fuel cell-electric technology as a powertrain for the future because it's a clean, scalable platform that can meet a broad range of mobility needs with zero emissions," said Toyota's Bob Carter, executive vice president for automotive operations. Kenworth and Toyota have a history of producing hydrogen fuel cell truck prototypes.
LOS ANGELES, April 22, 2019 /PRNewswire/ -- Toyota, Kenworth, the Port of Los Angeles and the California Air Resources Board (CARB) today took the next great leap towards the future of zero-emission trucking, unveiling the first of Toyota and Kenworth's jointly developed fuel cell electric heavy-duty trucks (FCET). The unveiling was before a crowd of media, government officials and industry and community leaders during a special event held at the Port of Los Angeles.
What You Should Know about NVIDIA's Autonomous Vehicle EffortsNVIDIA’s go-to-market strategy in automotiveNVIDIA (NVDA) is a leading discrete GPU (graphics processing unit) provider and is expanding its customer base by identifying new verticals
Despite the bullish speeches at the New York auto show, there's a sense of growing concern among industry leaders and analysts.
Japan's Toyota Motor Corp said on Sunday it was setting up a research institute in Beijing in partnership with Tsinghua University to study car technology using hydrogen power and other green technologies that could ease environmental problems in China. The initiative, outlined by Toyota's President and Chief Executive Akio Toyoda in a speech at Tsinghua University, is part of the Japanese carmaker's efforts to share more technology with China as it seeks to expand its business in the country by beefing up manufacturing capacity and distribution channels, a source close to Toyota said.
Businesses inside and outside the multibillion-dollar marijuana industry are embracing the once-counterculture four-twenty holiday. Lyft and Carl's Jr. are among the businesses using April 20 to roll out marketing and social media messaging aimed at cannabis consumers. WASHINGTON (AP) -- U.S. home construction slipped 0.3% in March, as housing starts are running below last year's pace in a sign that inventory could be a challenge for would-be buyers.
The deal announced on Thursday fills in a piece of Uber’s valuation puzzle as it prepares to pitch investors on its listing, expected early next month. The company was aiming to raise as much as $10bn at a valuation up to $100bn, according to people familiar with the matter.
Uber's Advanced Technologies Group, which is responsible for the development and commercialization of autonomous vehicles, received $1 billion in funding from a trio of Japanese companies.
The long-range Model 3’s sticker price is $44,500, roughly 85% higher than that of a Toyota Camry, yet ARK’s research shows that the Model 3 could be the better deal over a three-year period. According to KBB, over a three-year period the Tesla (TSLA) Model 3 is likely to retain 69.3% of its original sales price, 20+ percentage points or 37% more than the Toyota (JP:7203)(TM) Camry, which will retain 48.6%.
Uber has confirmed it will spin out its self-driving car business after theunit closed $1 billion in funding from Toyota, auto-parts maker Denso andSoftBank's Vision Fund
TOKYO (AP) — Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit.
As Uber finally closes in on its IPO , its self-driving car unit is getting a big cash infusion and some independence. The company announced tonight that Toyota, Denso and Softbank are investing a total of $1 billion in its Advanced Technologies Group (Uber ATG), in a deal that values that part of the company at $7.25 billion. This adds onto Toyota's $500 million investment last year , which the two said would lead to the creation of an autonomous fleet based on Toyota's Sienna minivan. So far, many of the big car companies are teaming up to develop autonomous tech combined with ridesharing angles as it's expected to be a huge market in the next few years. According to Uber CEO Dara Khosrowshahi, "The development of automated driving technology will transform transportation as we know it, making our streets safer and our cities more livable. Today's announcement, along with our ongoing OEM and supplier relationships, will help maintain Uber's position at the forefront of that transformation." In the statement Toyota EVP Shigeki Tomoyama said "Leveraging the strengths of Uber ATG's autonomous vehicle technology and service network and the Toyota Group's vehicle control system technology, mass-production capability, and advanced safety support systems, such as Toyota Guardian™, will enable us to commercialize safer, lower cost automated ridesharing vehicles and services." The deal won't close until Q3, which should be well after Uber's initial public offering that's on track to occur in May. It's also being announced after Arizona prosecutors announced they did not find the company criminally liable for a 2018 self-driving car crash that killed a pedestrian. The deal makes Uber ATG its own corporate entity that's controlled by Uber. Reuters reports that it has ATG head Eric Meyhofer as CEO reporting to a newly-formed board of directors, with six appointed by Uber, one by Toyota and one by Softbank.
Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering. Uber Technologies Inc said on Thursday that the investment values its Advanced Technologies Group, which works to develop autonomous driving technology, at $7.25 billion. SoftBank will invest $333 million from its $100 billion Vision Fund, while Toyota Motor Corp and automotive parts supplier Denso Corp will invest a combined $667 million.
Denso Corp., Toyota Motor Corp. and SoftBank Group Corp.’s Vision Fund bought stakes in the self-driving unit, valuing the arm at $7.25 billion, according to a statement. The deal will help Uber, which tallied a $3 billion operating loss last year, to continue funding a very costly endeavor. The autonomous-car investment is the second major deal struck in the weeks leading up to the IPO.
Some of the top-selling car brands in the United States are Japanese — Toyota, Honda, and Nissan especially. But the reverse isn't true – General Motors, Ford, and Fiat Chrysler combined make up only 0.3% of the Japanese auto market. With strict regulations, strong local manufacturing, and a particularly Japanese way of retailing cars, the country will likely continue to be a difficult place for American automakers.