Streetbeat News

TOYOF

Toyota Motor Corporation

https://toyota.jp/

Employees

372,817

Industry

Automobile Manufacturing

Open

17.24

Mkt cap

230B

Volume

16K

High

17.50

P/E Ratio

8.66

52-wk high

26.02

Low

17.20

Div yield

0.03

52-wk low

14.45

Toyota, Mazda, Honda, and Suzuki face significant stock price drops due to a safety test falsification scandal. Toyota's market value plunged by over $15 billion, and Mazda lost $511.8 million. The scandal has led to temporary halts in shipments and sales of certain models. Additionally, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group plan to divest $8.5 billion worth of Toyota shares.

Portfolio Pulse from Benzinga Neuro

June 10, 2024 | 5:38 am

Toyota Motor Corporation (OTC:TOYOF) has reported a significant increase in its global sales and production for the first half of FY2024, attributing this rise to the easing of semiconductor shortages. The company recorded worldwide sales of 5,596,183 vehicles and production of 5,738,126 vehicles from April to September 2023. The results also include those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.

Portfolio Pulse from Benzinga Neuro

October 30, 2023 | 7:57 am

Toyota (OTC:TOYOF) is set to present an all-electric concept of their popular Land Cruiser SUV at the 2023 Japan Mobility Show. The Land Cruiser “Se” concept has a larger wheelbase than the gas-powered 2024 Land Cruiser, likely to accommodate a battery. Toyota also unveiled a midsize electric pickup truck concept named the EPU, two personal transport vehicles, and a space mobility prototype. No release date has been announced for the Land Cruiser Se concept.

Portfolio Pulse from Benzinga Neuro

October 24, 2023 | 10:04 am

The 2023 models of Hyundai's Ioniq 6, Lexus' RZ, and Genesis' Electrified GV70 have been awarded the Insurance Institute of Highway Safety (IIHS) Top Safety Pick+ award. The vehicles passed all six of the IIHS' crash tests and were rated 'advanced' or 'superior' for their front crash avoidance systems. The vehicles have not yet been rated by the National Highway Traffic Safety Administration (NHTSA).

Portfolio Pulse from Benzinga Neuro

September 15, 2023 | 4:03 am

Vietnamese EV manufacturer VinFast's shares surged 20% in the U.S. market, making it the third largest automaker by market capitalization globally, after Tesla and Toyota. Despite not being fully operational in the U.S., the EV boom has prompted a buying frenzy among individual investors. VinFast, which was listed on the Nasdaq in mid-August, overtook the market cap of General Motors and Ford Motor on its first trading day.

Portfolio Pulse from Benzinga Neuro

August 29, 2023 | 4:35 am

Toyota announced a breakthrough in battery technology, claiming solid-state batteries will improve driving range and cut EV costs. Ford filed a patent for a roof-mounted backup EV battery system. Worksport has two groundbreaking products, SOLIS solar-powered tonneau cover and COR on-the-go power system.

Portfolio Pulse from Upwallstreet

June 15, 2023 | 2:12 pm

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