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Toyota's Hino Motors and Mitsubishi Fuso, the truck division of Germany's Daimler, are nearing a merger agreement, according to a report by the Nikkei Asian Review. The two manufacturers are said to be working towards forming a joint holding company, with plans to list the new entity on the Tokyo Stock Exchange by April 2026.
Company's Outstanding Efforts in Delivery and Collaborative Cost Reduction Recognized by the World's Largest Car Manufacturer SEOUL, South Korea , April 21, 2025 /PRNewswire/ -- LG Electronics (LG), a mobility sector technology leader, has been awarded the 2024 Excellent Value Improvement Award by Toyota Motor North America (TMNA) for the first time. The award was presented at TMNA's Annual Supplier Business Meeting in the U.S. This award recognizes LG's contributions to component quality and technological innovation in Toyota's largest market, North America.
Toyota Motor unit Hino Motors and Mitsubishi Fuso Truck and Bus, a subsidiary of Germany's Daimler Truck , are moving to finalize a merger agreement, Nikkei Asia reported on Tuesday.
Toyota Motor (TM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The Japanese company is weighing whether to produce the next version of its SUV at its Kentucky factory, according to a report.
Toyota is considering producing the next version of its top-selling RAV4 SUV in the United States, three people familiar with the matter said, becoming the latest automaker to rethink supply chains to lessen the hit from U.S. tariffs on imported vehicles.
Toyota Motor (TM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Bill Shope retires after 35 impactful years with the company; Casey Gunnell Jr. named new president; Charles Gruszczynski and Michael Hollis promoted to group vice presidents Bill Shope retires after 35 impactful years with the company; Casey Gunnell Jr. named new president; Charles Gruszczynski and Michael Hollis promoted to group vice presidents
Toyota Motor Corporation shares have outperformed peers, down only -2.55% following Liberation Day. Despite Japan initiating the negotiation process with the US, the 25% automotive tariff still stands. Tariffs are impacting all automotive OEMs and may potentially lead to consumer migration to Toyota as the automaker's vehicles are seen as a budget-friendly product. Management is investing in training staff and expanding into growth areas in the US and China with new battery and battery-electric vehicle production.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?