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Toyota Motor Corp (7203.T)

7203.T on Tokyo Stock Exchange

6,651JPY
25 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Mitie Gets Green Light On Integrated FM Contract With Toyota
Thursday, 13 Jun 2019 04:33am EDT 

June 13 (Reuters) - Toyota Motor Corp <7203.T>::MITIE GETS GREEN LIGHT ON INTEGRATED FM CONTRACT WITH TOYOTA.MITIE GROUP PLC - SECURED A NEW FIVE-YEAR INTEGRATED FACILITIES MANAGEMENT CONTRACT WITH TOYOTA MOTOR MANUFACTURING UK.  Full Article

Toyota Exec: Even With New Partners, Not Sure If EV Business Will Ultimately Be Viable
Friday, 7 Jun 2019 12:47am EDT 

June 7 (Reuters) - Toyota Motor Corp <7203.T> executive::WE CONSIDER OURSELVES TO BE A BATTERY MANUFACTURER.THERE MAY BE A GAP BETWEEN OUR BATTERY NEEDS AND WHAT WE CAN MANUFACTURE OURSELVES.WE'RE NOT BEHIND IN EV; BEEN CONSIDERING THIS PLAN FOR LONG TIME.WE HAVE NOT CHANGED OUR POLICY, PLANS FOR BATTERY EVS.HYBRID VEHICLE VOLUMES HAVE INCREASED MORE THAN WE EXPECTED.WANT TO LAUNCH SOLID STATE BATTERIES AS SOON AS POSSIBLE.IF POSSIBLE BY TOKYO OLYMPICS WANT TO SHOW SOLID STATE BATTERY.EVS HAVE BECOME MORE VIABLE AS A BUSINESS, BUT STILL LAG COMBUSTION ENGINE CARS.BATTERY EV TECH HAS COME A LONG WAY SINCE 2010 BUT IT WILL STILL BE A CHALLENGE TO CREATE A PROFITABLE BUSINESS FOR THEM VERSUS GASOLINE ENGINE CAR BUSINESS.EVEN WITH NEW PARTNERS, NOT SURE IF EV BUSINESS WILL ULTIMATELY BE VIABLE.MORE STRINGENT EMISSIONS REGULATIONS IN EUROPE, JAPAN, CHINA IN COMING YEARS ARE ONE FACTOR FOR ACCELERATED EV DEVELOPMENT.ENVISION THAT BATTERY EVS WILL BE USED IN TOYOTA'S NEW MOBILITY SERVICES, DUE TO THEIR SIMPLE STRUCTURE.THINK HYBRID VEHICLE SALES VOLUMES WILL STILL BE HIGHER THAN BATTERY EV VOLUMES BY 2025, SEES BATTERY EV SALES VOLUMES AT LESS THAN 1 MILLION BY 2025.  Full Article

Toyota Motor To Partner With China's Contemporary Amperex Technology Ltd - Nikkei
Thursday, 6 Jun 2019 01:15pm EDT 

June 6 (Reuters) - Nikkei::TOYOTA MOTOR WILL PARTNER WITH CHINA'S CONTEMPORARY AMPEREX TECHNOLOGY LTD - NIKKEI.  Full Article

Fitch Says Honda, Toyota To Benefit From China's Auto Market Recovery
Friday, 17 May 2019 08:00am EDT 

May 17 (Reuters) - Toyota Motor Corp <7203.T>::FITCH SAYS HONDA, TOYOTA TO BENEFIT FROM CHINA'S AUTO MARKET RECOVERY.FITCH SAYS HONDA & TOYOTA ARE WELL-POSITIONED TO GAIN FROM CHINA RECOVERY DUE TO PRODUCT LINE-UPS & REPUTATIONS FOR OFFERING CARS AT COMPETITIVE PRICES.FITCH SAYS CHINA IS BECOMING AN INCREASINGLY IMPORTANT MARKET FOR JAPANESE BRANDS, ESPECIALLY TOYOTA AND HONDA.FITCH SAYS DEMAND IN DOMESTIC JAPANESE AUTO MARKET IS SOFTENING & THERE IS A SIMILAR TREND IN U.S., ESPECIALLY IN SEDAN SEGMENT.FITCH SAYS RISKS OF FURTHER TRADE CONFLICTS WITH U.S. ARE RISING AND CAR MARKET IS LIKELY TO BE AMONG MOST AFFECTED.  Full Article

Toyota: See FY2019/20 Global Group Retail Sales Of 10.74 Mln Vehicles Vs 10.603 Mln Last FY
Wednesday, 8 May 2019 12:14am EDT 

May 8 (Reuters) - Toyota Motor Corp <7203.T>::ASSUME AVERAGE DOLLAR RATE OF 110 YEN IN FY2019/20 VERSUS 111 YEN LAST FY.ASSUME AVERAGE EURO RATE OF 125 YEN IN FY2019/20 VERSUS 128 YEN LAST FY.SEE FY2019/20 GLOBAL GROUP RETAIL SALES OF 10.74 MILLION VEHICLES VERSUS 10.603 MILLION VEHICLES LAST FY.SEE FY2019/20 N.AMERICA SALES OF 2.7 MILLION VEHICLES VERSUS 2.745 MILLION VEHICLES LAST FY.SEE FY2019/20 JAPAN SALES OF 2.2 MILLION VEHICLES VERSUS 2.226 MILLION VEHICLES LAST FY.SEE FY2019/20 ASIA SALES OF 1.73 MILLION VEHICLES VERSUS 1.684 MILLION VEHICLES LAST FY.SEE FY2019/20 EUROPE SALES OF 1,030,000 VEHICLES VERSUS 994,000 VEHICLES LAST FY.  Full Article

Toyota To Buy Back Up To 300 Billion Yen Of Stock
Wednesday, 8 May 2019 12:10am EDT 

May 8 (Reuters) - Toyota Motor Corp <7203.T>::ANNOUNCES SHARE BUYBACK.TO BUY BACK UP TO 300 BILLION YEN OF STOCK.TO CONDUCT SHARE BUYBACK THROUGH SEPT 30.  Full Article

Canada's Trudeau Says Welcome Toyota's Decision To Bring Production Of Lexus Nx, Nx Hybrid To Cambridge Plant
Monday, 29 Apr 2019 02:55pm EDT 

April 29 (Reuters) - Canada Prime Minister's Office::CANADA PRIME MINISTER'S OFFICE SAYS WELCOME TOYOTA MOTOR'S DECISION TO BRING PRODUCTION OF LEXUS NX AND NX HYBRID TO CAMBRIDGE PLANT.PRIME MINISTER'S OFFICE - TOYOTA IS COMMITTED TO ITS EARLIER INVESTMENT OF $200 MILLION OVER TEN YEARS TO SUPPORT RESEARCH AND DEVELOPMENT IN CANADA..  Full Article

Airbiquity Announces Strategic Investment
Monday, 11 Mar 2019 05:00pm EDT 

March 11 (Reuters) - Airbiquity::AIRBIQUITY ANNOUNCES STRATEGIC INVESTMENT FROM TOYOTA MOTOR CORPORATION, DENSO CORPORATION, AND TOYOTA TSUSHO CORPORATION.AIRBIQUITY - ANNOUNCED A $15 MILLION MINORITY INVESTMENT IN COMPANY FROM TOYOTA MOTOR CORPORATION, DENSO CORPORATION, AND TOYOTA TSUSHO CORPORATION.  Full Article

Toyota Unit Transmission Factory In Hokkaido Temporarily Suspends Production Due To Quake - Jiji
Thursday, 21 Feb 2019 08:16pm EST 

Feb 22 (Reuters) - Toyota Motor Corp <7203.T>::TOYOTA UNIT TRANSMISSION FACTORY IN HOKKAIDO TEMPORARILY SUSPENDS PRODUCTION DUE TO QUAKE - JIJI.  Full Article

Magna To Build The Toyota GR Supra
Tuesday, 15 Jan 2019 08:02am EST 

Jan 15 (Reuters) - Magna International Inc ::MAGNA TO BUILD THE TOYOTA GR SUPRA.MAGNA INTERNATIONAL - TOYOTA GR SUPRA IS EXPECTED TO BEGIN PRODUCTION IN EARLY 2019.  Full Article

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Toyota snub dents Saudi Arabia's manufacturing drive

RIYADH Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman's grand plan to wean the kingdom off oil revenues and create jobs for young Saudis.