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The Latest Breaking News from TM

Toyota To Cut Production Over Chip Crunch: Reuters

Toyota Motor Corp (NYSE:TM) will cut down domestic production in April, May, and June to reign in chip supply crunch, Reuters reported. Global automakers have been facing a supply chain crunch since the COVID-19 pandemic struck and fear that the Ukrainian crisis could amplify their woes. Toyota plans to reduce domestic production…

3 Auto Manufacturing Stocks with Dividends Yielding More Than 2%

3 Auto Manufacturing Stocks with Dividends Yielding More Than 2%

Amid increasing supply chain issues, interest rate hikes, and an escalating war between Russia and Ukraine, we think it advisable to invest in auto manufacturing stocks with high dividend payouts. Dividends paid by auto manufacturing stocks Toyota Motors (TM), Ford Motor (F), and Honda Motor (HMC) yield more than 2%.…

Here's How Toyota Looks To Resume Production Post Cyberattack

Here's How Toyota Looks To Resume Production Post Cyberattack

Toyota Motor Corp (NYSE:TM) looks to resume work at all its Japanese factories on March 2 after a one-day shutdown, limiting the fallout from a cyberattack on one of its key suppliers, Bloomberg reports. The one-day domestic production stoppage likely affected ~13,000-vehicles' worth of production, representing about 5% of output for February. Toyota aims…

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3 Stocks to Avoid due to Supply Chain Issues: Toyota, Weber, and Lam Research

Industrial supply chain disruptions have persisted over the past year, owing to sky-high demand, labor shortages, and increased market uncertainty. And these supply risks are expected to flare up in 2022. So, we think three fundamentally bleak stocks, namely Toyota Motor (TM), Lam Research (LRCX), and Weber (WEBR), are best…

3 Auto Manufacturers Outperforming the Market in 2022

Despite apparent logistical hurdles and record high January inflation data, the demand for automobiles continues to thrive. So, we think it could be wise to add quality auto manufacturing stocks Toyota (TM), Honda (HMC), and Tata (TTM) to one’s portfolio now. These stocks have outperformed the markets so far this…

Toyota Makes $90M Investment In Two US Manufacturing Facilities

Toyota Motor Corp (NYSE:TM) has made a $90 million investment in two of its U.S. manufacturing facilities to expand the production of electrified vehicles. The company has made a $73 million investment in Toyota West Virginia (TMMWV) and $17 million in Toyota Tennessee (TMMTN). The move comes after the $240 million investment announced…

5 Best Performing Mega-Cap Stocks in January

Mega-cap stocks tend to dodge market volatility better than smaller stocks, given their companies’ market dominance and financial stability. So, fittingly, prominent mega-cap players Mastercard (MA), Exxon Mobil (XOM), Toyota Motor (TM), Chevron (CVX), and Wells Fargo (WFC) have emerged as the best performers amid the market downturn in January.…

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Forget General Motors, Buy These 3 Auto Manufacturing Stocks Instead

Forget General Motors, Buy These 3 Auto Manufacturing Stocks Instead

Japanese automaker Toyota (TM) displaced General Motors (GM) last year as the highest-selling automobile manufacturer in the United States amid strong demand for EVs and hybrids. The rising acceptance of international car brands in the U.S. has caused domestic automobile manufacturers to lose market share. Given this backdrop, we believe…

Stock Wars: Lyft Vs. Uber

Stock Wars: Lyft Vs. Uber

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

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