Toyota Motor Corporation
NYSE: TM
$175.15
Closing Price on November 6, 2024
TM Articles
Electric vehicle sales rose 27% year over year in 2017 to nearly 200,000 units. Sales are expected to double in 2018 and more than 1.1 million EVs are forecast to be on U.S. roads by the end of the...
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New car sales in the European Union rose 3.4% in 2017 to more than 15 million units. Year-over-year sales rose by half the rate posted for 2016.
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Volkswagen announced Monday morning that sales of its VW-branded vehicles posted a new all-time high in 2017. Sales in China accounted for more than half the total.
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Ford recently said it is "all in" on electric cars. The problem is that every other major car maker is "all in" on electric cars as well.
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Oil prices hit a three-year high, Toyota and Mazda will build a huge car plant in the United States, one major cryptocurrency has reached record levels, and other important headlines.
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One thing is for certain. The Fiat brand faces the same problems this year as it did last.
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Americans bought about 2.5 million new full-size pickup trucks in 2017. The sales leader was once again the Ford F-Series with nearly 900,000 units sold for the year.
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U.S. car sales are expected to fall in December compared to last year. However, it should be a record month for 2017.
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December car sales are expected to fall nearly 6% compared to December last year. That will not keep 2017 sales from being near record levels.
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Major automakers are making big promises to electrify their new car fleets and forecasting a massive demand shift for electric cars from consumers. Is this realistic?
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Toyota's plans for the next decade plus are ambitious, but they may run into a wall of competition for a market that could be smaller than expected.
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European Union auto sales rose 5.9% year over year in November and is up 4.1% for the first 11 months of the year.
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U.S. new car sales in November totaled 1.4 million units, the second-best November ever, trailing only last year.
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Ford widened its market share lead in pickup trucks last month, nabbing nearly 41% of total pickup sales from the Detroit 3 automakers.
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GM still has to wrestle with its slowly dying primary business of traditional, gasoline-powered cars, the sales of which run well into the millions per year.
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