Toyota Motor Corporation

NYSE: TM
$172.84
-$0.64 (-0.4%)
Closing Price on November 15, 2024

TM Articles

Chrysler and GM will force 2,000 car dealerships to close.  This event has elicited a great many opinions from industry experts.  The consensus is that the most damage to the car companies will...
Reuters:   Twitter will release business tools in an attempt to make money. Reuters:   A GM (GM) bankruptcy is seen as nearly inevitable. Reuters:   American Express (AXP) will cut 4,000 jobs....
Reuters:   Small businesses are having trouble finding financing. Reuters:   VW has stopped tie-up talks with Porsche. Reuters:   The US budget chief says there are signs the economic free fall...
GM (GM) is about to notify about 20% of its dealer network that it will not renew its contracts with them when they expire next year. By most estimates well over 1,000 GM dealers will be cut off. The...
Reuters   SEC employees are under investigation for insider trading Reuters   Treasury has approved several insurance companies for receiving TARP funds Reuters   GM (GM) is close to a deal...
Toyota (TM), the most successful car company of the last two decades, suffered several of the indignities that other car firms have faced for the last two years. The No.1 auto firm in the world lost...
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters writes...
In a bit of a role reversal, the US light vehicle  sales of the large Japanese car companies did worse than The Big Three for the month of April. But, no one did well. Toyota’s (TM) sales dropped...
By the time Chrysler filed for Chapter 11 yesterday, it was no longer a large American company. Although the firm is private, most estimates are that the No.3 US car company may only have $35 billion...
By the middle of the year, the federal government will own large, and in some cases, controlling interests, in two car companies and several major banks. There is a chance the the extent of...
GM (GM) must fire another 21,000 factory workers, as part of a plan to get an additional $11.6 billion in aid from the federal government. The restructuring plan would give creditors stock in the...
On news that GM (GM) has put together a new and very aggressive restructuring program, its shares are higher by 22% to $2.07, which gives the company a market cap of $1.28 billion. With the large...
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According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by the Treasury to...
For all of the restructuring work that GM (GM) has done, all the layoffs, and negotiations with the UAW and creditors, it has never admitted that the domestic car market may not rebound for years....