Toyota (TM) halts all shipments of Daihatsu brand vehicles

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Toyota Motor (TM) Toyota recalls 1M vehicles in U.S.

December 20, 2023 2:26 PM EST

Toyota Motor (NYSE: TM) announced Wednesday that the Japanese automaker is recalling 1 million vehicles in the United States due to a defect in the vehicles air bag deployment system.

This issue could potentially lead to malfunctioning Occupant Classification System... More

Macquarie Reiterates Underperform Rating on Toyota Motor (7203:JP) (TM)

December 20, 2023 10:38 AM EST

Macquarie analyst James Hong reiterated an Underperform rating and JPY2,300.00 price target on Toyota Motor (7203:JP) (NYSE: TM).

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Futures inch lower, FedEx cuts annual revenue forecast - what's moving markets

December 20, 2023 5:48 AM EST

Investing.com -- Futures edge lower on Wednesday, suggesting a slight pullback on Wall Street following a surge in stocks in the prior session that was fueled by expectations for potential Federal Reserve interest rate cuts in early-2024. Elsewhere, FedEx shares dip premarket after the delivery giant slashes its annual revenue outlook, while Toyota (TYO:7203) (NYSE: TM) temporarily suspends shipments of its Daihatsu brand cars as a scandal over rigged safety tests deepens.

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Tesla (TSLA) to raise hourly pay for some workers at NV Gigafactory

December 19, 2023 9:13 AM EST

Electric automaker, Tesla Inc (NASDAQ: TSLA) announced Monday that the company would be raising the hourly pay of some workers at its gigafactory in Nevada by around 10% starting in early January.

The electric vehicle manufacturer is set to increase the hourly wages for its employees, raising the lower end from $20 to $22 per hour and the higher end... More