Archive for Tag: Toyota Motor Stock

Toyota poised to dethrone GM in 2021 as U.S. sales leader

Toyota Motor (NYSE:TM) Corp is trading up 6.13% at 2234.50 Japanese automaker Toyota Motor (NYSE:TM) Corp is poised to outsell General Motors Co (NYSE:GM) in the United States in 2021, which would mark the first time the Detroit automaker has not led U.S. auto sales since 1931. In the...

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Toyota Motor

Toyota to start car hardware, software update service in Japan

Toyota Motor (NYSE:TM) Corp is trading up 0.95% at 2070.5 Toyota Motor (NYSE:TM) Corpsaid on Tuesday it will launch a service next year offering customisation and updates for cars as customers increasingly hold on to their vehicles for longer. The service, known as Kinto Factory, will start in late...

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Toyota Motor Corp

Toyota commits $70 billion to electrification but hesitant about battery-powered future

Toyota Motor Corp is trading up 2.15% at 2045.00 Toyota Motor Corpon Tuesday committed 8 trillion-yen ($70 billion) to electrify its automobiles by 2030, half of it to develop a battery electric vehicle (BEV) line-up, as it looks to tap a growing market for zero-emission cars. But the world’s...

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U.S. Senate Democrat Manchin opposes $4,500 EV union tax credit

Toyota Motor (NYSE:TM) Corp is trading up 2.39% at 2078.5 Democratic Senator Joe Manchin said on Thursday he opposes a proposal in President Joe Biden’s $1.75 trillion social spending and climate legislation that would give union-made U.S. electric vehicles a $4,500 tax incentive. Manchin’s comments came at an event...

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Toyota Motor

Toyota aims to make up some lost production as supplies rebound

Toyota Motor (NYSE:TM) Corp is trading up 0.78% at 2002.5 Toyota Motor (NYSE:TM) Corpin December wants to restart production curtailed by component shortages with a rebound in shipments from pandemic-hit suppliers that may help it claw back around a third of output lost to supply disruptions, three sources familiar...

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Foreign automakers ask U.S. House Democrats to reject union EV tax credit

Toyota Motor (NYSE:TM) Corp is trading down 1.65% at 1967.00 A group of 12 major foreign automakers, including Toyota Motor (NYSE:TM) Corp, Volkswagen AG (OTC:VWAGY), Hyundai Motor Co and Nissan (OTC:NSANY) Motor Co, urged U.S. House of Representatives Democrats to reject a proposed $4,500 tax incentive for U.S-made electric...

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Toyota Motor Stock Price Today

Toyota cuts production target by 3% on parts and chips shortages

Toyota Motor (NYSE:TM) Corp is trading up 0.04% at 180.07 Toyota Motor (NYSE:TM) Corpcut its annual production target by 300,000 vehicles on Friday as rising COVID-19 infections slowed output at parts factories in Vietnam and Malaysia, compounding a global shortage of auto chips. “It’s a combination of the coronavirus...

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Toyota Motor Corp

Toyota says to slash September output amid chip crunch, COVID resurgence

Toyota Motor Corpis trading down 4.42% at 9295 Toyota Motor Corp will slash global production for September by 40% from its previous plan, the company said on Thursday, becoming the last major automaker to cut output due to critical shortages of semiconductors. The world’s largest automaker by sales volumes...

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Top 5 Stock To trade Today

Top 5 Stock To Watchout Today August 04, 2021

1.TOYOTA :Toyota Motor Corp posted a record quarterly profit on Wednesday andHonda Motor Coraised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage. Japan’s top-two automakers joined a host of global car makers, including BMW and Stellantis,...

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