Toyota Motor Corporation
NYSE: TM
$184.90
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TM Articles
The average age of a car on the road in America is over 11 years. This poses a nearly impossible dilemma for manufacturers as they try to get sales back to former levels.
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New car sales in the European Union fell by 55% in March leading to a decline of more than 25% for the first quarter. Lockdowns related to the coronavirus pandemic get the blame for the declines.
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To say that the auto industry is about to take a beating due to the coronavirus pandemic is perhaps an understatement.
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Ford continues to struggle while several rivals take U.S. market share. Ford needs to make a stand somewhere, if it can.
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Tesla's stock will not double again. There are too many factors that already have begun to weigh on it, particularly future sales growth and competition.
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New car sales in the European Union rose over 1% year over year in 2019 to more than 15 million vehicles. U.S. automakers Ford and Fiat Chrysler both posted lower year-over-year sales totals.
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For the fifth consecutive year, new vehicle sales in the United States topped 17 million. Since the peak in 2016, however, sales are down 2.5%.
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Auto sales should stay steady, moving along at a near-record pace, in October. However, some car companies will suffer a fall-off in sales.
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Year-to-date U.S. sales for most automakers trail 2018 sales for the same period. But the declines are generally modest, however, with one significant exception.
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General Motors and Volkswagen have indicated that the companies plan to focus their electric vehicle development on all-electric vehicles while Ford and Toyota intend to continue hybrid electric...
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Despite worries that strong car sales in the United States cannot continue, experts expect that July sales have been strong. Helping to lead the way, once embattled Volkswagen had a good month.
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Second-quarter and monthly sales for June were generally disappointing for automakers. There were some exceptions, however, and the forecast for sales over the second half of the year remain about...
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Auto sales have become shaky this year, and June may be among the first signs of a downturn. Not all car companies have been affected equally.
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May U.S. car sales are expected to fall, another sign that the industry, which has been so healthy for so many years, has entered a period of decline.
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Anyone could have anticipated how Toyota would respond after the White House announced it would protect the American car industry, very likely making Toyota cars and light trucks more expensive in...
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