Toyota Motor Corporation
NYSE: TM
$172.84
-$0.64 (-0.4%)
Closing Price on November 15, 2024
TM Articles
The Chinese government has become more aggressive about buying foreign assets. Chinese leaders recently said they would begin to make investments in Europe through their sovereign wealth fund. The...
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VW may have passed Toyota (TM) as the world’s No.1 car company just as Toyota passed GM (GM) a year ago. The companies all operate in an industry where being on the top of the pile does not matter...
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According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP) and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car...
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GM’s (GM) stock trades at $1.71, which is not even its 52-week low. Several news outlets have reported that the Treasury has asked the No.1 US car company to prepare for Chapter 11. The government...
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The Treasury Department may want to adjust what it thinks the cost of the bailouts of GM (GM) and Chrysler will cost. Word out of Japan is that Toyota (TM) will loss $5 billion in the next fiscal...
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According to Reuters, banks have been asked to keep the results of the “stress tests” of their financial conditions confidential. Reuters reports that the Fed says its current plan is to prevent...
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If only US car companies could do all of their business in China. The economy there must be better than has been reported. In March, a record 1.1 million light vehicles left showrooms. That means...
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According to Reuters, the government’s auto task force will meet with GM (GM) to push ahead its restructuring. Reuters writes that US banks may still need aid. Reuters writes that Morgan...
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Like a number of other numbers which have come out in the last month, US light vehicle sales were slightly better than expected. Tell that to the US car companies which are still losing billions of...
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According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process....
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Rick Wagoner, former CEO of GM (GM), is not old enough to retire. He has an incredible CV which includes running a huge but troubled car company for eight years. Another firm in the same industry may...
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Toyota’s (TM) share of the US light vehicle market is 18% and Honda’s (HMC) is 10%. GM’s (GM) share of its home market is about 22%. Fifty-five years ago, the No.1 US car company had 54% of the...
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The current word in the news media is that Chrysler chief Robert Nardelli will keep his job, unlike his counterpart at GM (GM). That seems odd since, so far, the heads of Toyota (TM) and Honda (HMC),...
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According to Reuters, a number of AIG (AIG) employees gave back their bonuses. Reuters reports that economist Martin Feldstein said the recession may last well into 2010 and the government may have...
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For over a year, analysts have said that one of the largest problems car companies face is dealers who go bankrupt. It is actually a double-edged sword. If under-performing franchises fold, it can...
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