U.S. Public Pension Funds Oppose Re-Election of Toyota (TM) Chairman
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Tesla (TSLA) Model 3 now more affordable than Toyota Camry in California
June 6, 2023 1:53 PM EDTPresident Joe Biden's administration confirmed Tuesday that after a rapid adjustment of its battery supply chain, the Tesla (NASDAQ: TSLA) Model 3 now qualifies for the full $7,500 tax credit, meaning that it has become more affordable than the Toyota Camry in California.
New battery sourcing... More
Tesla's (TSLA) Model Y surpasses Toyota’s (TM) RAV4 to become the best selling SUV in Australia
June 5, 2023 7:35 AM EDTThe latest data received from the Federated Chamber of Automotive Industries shows that Tesla (NASDAQ: TSLA) sold 3,178 units of the Model Y in May, overtaking the Toyota (NYSE: TM) RAV4 as the bestselling SUV in Australia and the third bestselling car of any type.
The only models to... More
Toyota Motor (7203:JP) (TM) PT Raised to JPY1,900 at UBS
June 2, 2023 4:49 AM EDTUBS analyst Kohei Takahashi raised the price target on Toyota Motor (7203:JP) (NYSE: TM) to JPY1,900.00 (from JPY1,850.00) while maintaining a Neutral rating.... More
Toyota pledges $2.1 billion more for EV battery plant in North Carolina
May 31, 2023 12:55 PM EDT(Reuters) - Toyota Motor Corp said on Wednesday it will invest $2.1 billion more in its new U.S. battery plant in North Carolina, as the Japanese automaker deepens efforts to tap rising demand for electric vehicles.
The automaker also said its first U.S.-made battery electric sports utility... More
Toyota (TM) Announces Changes to Organizational Structure and Senior Professionals/Senior Management
May 31, 2023 11:00 AM EDTOn July 1, Toyota Motor Corporation (TMC) intends to make the following organizational and senior professional/senior management changes.
Organizational changes
- Hydrogen Factory will be newly established as a dedicated organization to accelerate customer-oriented product development and production in fuel cell or hydrogen-related products.
- The... More
Toyota (TM) apologizes after additional data breach, expands investigation
May 31, 2023 8:39 AM EDTToyota (NYSE: TM) issued an apology Wednesday after the Japanese automaker announced an investigation into the May 12th data leak revealed that additional information on customers in some countries in Oceania and Asia, excluding Japan, may have been left publicly accessible from October 2016 to May 2023.
As we believe that this incident was also caused by insufficient dissemination and... More
UBS Reiterates Neutral Rating on Toyota Motor (7203:JP) (TM)
May 31, 2023 4:45 AM EDTUBS analyst Kohei Takahashi reiterated a Neutral rating and JPY1,850.00 price target on Toyota Motor (7203:JP) (NYSE: TM).
... More