TM Toyota Motor Corp
- Price as of: May 04, 01:06 PM EDT
- Auto manufacturers - major
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- Quote Time:
- May 04, 01:06 PM
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- Day's Range:
- $100.72 - $101.68
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- $97.80 - $142.34
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TM Company Profile
Toyota Motors- (TM)-operates in the automotive industry worldwide. Its products also comprise conventional engine vehicles, including subcompact and compact cars consisting of Corolla sedan and Yaris brands; mini-vehicles, passenger vehicles, commercial vehicles, and auto parts; mid-size models comprising Camry, Mark X, Premio, Allion, Blade, and Avensis brands; and luxury models encompassing Lexus, Crown, and Century limousine. In addition, Toyota offers sports and specialty vehicles, which include Lexus SC430 and Scion tC brands; recreational and sport-utility vehicles and pickup trucks that comprise Tacoma and the Tundra pickup trucks, as well as 4Runner, FJ Cruiser, Highlander, Land Cruiser, RAV4, Sequoia, and Sienna. Toyota was founded in 1933 and is headquartered in Toyota City, Japan.
Toyota Motor Corp News
December 15, 2015
One of the biggest misconceptions in investing is that domestic markets are somehow safer and better than investing abroad. For whatever reason, many of us believe that owning stocks and bonds in the U.S. is the best way to go. As a result, this...
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Toyota Motor Corp Recalling 6.39 Million Vehicles; Shares Sink (TM)Apr 9, 2014On Wednesday morning, Toyota Motor Company (TM) announced it is beginning a worldwide recall of 6.39 million vehicles due to several issues. The company is not aware of any accidents that have been caused by these issues. The vehicles affected include the Toyota Corolla, Matrix, Highlander, and Camry, as well as the Subaru Trezia and Pontiac Vibe. Of the vehicles being recalled, 2.34 million were sold in North America and 810,000 were sold in Europe. The issues with the cars include "seat rails, spiral cable assemblies for airbags, engine starters, steering-column brackets and windshield-wiper motors," according to Street Insider. The company has not said how much the recalls will cost or how it will affect the quarter's earnings. In February of this year, Toyota paid $1.2 billion in in fines to the U.S. government for holding back information regarding unintentional acceleration in some of its vehicles, which resulted in recalling more than 9 million vehicles. Toyota's announcement this morning comes amid a high profile investigation into General Motors (GM) , which has seen the company recall over 2.5 million cars due to faulty ignition switches, which have been linked to 13 deaths. Toyota stock was down $4.36, or 3.91%, in pre-market trading this morning. YTD, the company's stock is down 9.56%.Expand to read the full story
Mar 26, 2014On Wednesday, Toyota Motor Corp () announced that it would be buying back up to 360 billion yen ($3.5 billion) worth of shares, representing as...
Toyota Will Go to Trial for Vehicle Malfunctions (TM)Oct 8, 2013Toyota Motor Corp (TM) will face trial due to a vehicle acceleration issue that injured a woman in 2009. A U.S. District Judge ruled today that Toyota will stand trial in the case of a vehicle that suddenly accelerated and subsequently sped out of control. The lawsuit surrounds Toyota's failure to warn customers of the potential defect in the cars after the company recalled millions of vehicles surrounding the incident. Since the recall was first issued, the company has faced more than 500 individual lawsuits with a healthy 200 proposed class-action lawsuits. The last sudden acceleration case ended in a win for Toyota and the company noted that it feels there is overwhelming evidence showing that the vehicles were safe and reliable. Toyota shares were down $1.66, or -1.34%, at Tuesday's close. The stock is up 32.6% YTD.Expand to read the full story
The Bottom LineShares of Toyota Motor Corp (TM) are currently yielding 2.05% based on Tuesday's closing price of $123.68. Toyota Motor Corp (TM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
Toyota Recalls 369,000 Vehicles Worldwide (TM)Sep 4, 2013On Wednesday, Toyota Motor Corporation (TM) reported that it is recalling 369,000 vehicles worldwide. The company is recalling 200,000 vehicles due to a hybrid-system issue and 169,000 additional vehicles for an engine bolt problem. Toyota reported that there have been no accidents reported due to these problems. The issue can cause an alarm to be set off and the hybrid to stop running. The first recall affects the Lexus RX400 and the Highlander models overseas. It also includes the Harrier and Kluger hybrids in Japan. There are 141,000 vehicles being recalled in the U.S. and 15,000 in Japan. The second recall includes the Lexus GS350, IS350, Crown and Mark X models. There are 106,000 vehicles affected in North America and 59,000 vehicles in affected in Japan. Toyota shares were mostly flat during Wednesday morning trading. The stock is up 33% YTD. The Bottom Line Shares of Toyota Motor Corporation (TM) have a 2.04% yield based on Tuesday's closing price of $124.30. Toyota Motor Corporation (TM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Toyota to Introduce Consumer Hydrogen Cars by 2015 (TM)Jun 27, 2013Toyota Motor Corporation (TM) has announced plans to bring a hydrogen fuel cell powered car to the consumer market as soon as 2015. The makers of the Prius are once again looking to shake up the auto industry standards, this time using a fuel source that generates electricity while emitting only water vapor. Toyota seems confident in its ability to not only produce a hydrogen fueled car, but to also price it at a consumer level. Hydrogen fuel cells were first popularized as a fossil fuel alternative for cars a decade ago, but after they proved too expensive to produce the idea, they fell out of style. Toyota shares were up $3.68, or 3.12%, by the end of Thursday trading. The stock is up 23% YTD. The Bottom Line Shares of Toyota Motor Corporation (TM) have a 2.08% yield based on Thursday's closing price of $121.74. Toyota Motor Corporation (TM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Toyota Recalls Hybrid Vehicles Due to Brake Defect (TM)Jun 5, 2013Shares of automobile company, Toyota Motor Corporation (TM) dropped on Wednesday morning following reports that the company will be recalling a quarter million hybrid vehicles due to defective brakes. The company received more than 90 complaints from drivers of Prius and Lexus hybrid cars and will now recall about 242,000 vehicles. The glitch in the vehicles allows nitrogen gas to leak into the brake fluid which makes the brakes less effective. There have been no reports of deaths or injuries related to this defect. The majority of recalls will be in Japan, where 117,000 cars are being recalled. There are 91,000 vehicles being recalled in North America and 30,000 in Europe. The recall will include the Prius that was manufactured between March and October 2009 and the Lexus HS 250h manufactured between June and October 2009. Toyota shares were down -$2.76, or -2.33% during premarket trading Wednesday. The stock is up 27% YTD. The Bottom Line Shares of Toyota Motor Corporation (TM) have a 1.23% yield, based on Tuesday's closing price of $118.26. Toyota Motor Corporation (TM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
May 24, 2013These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights Procter & Gamble...