Latest news with #ToyotaMotorCorporation
BusinessToday
2 days ago
- Automotive
- BusinessToday
Toyota Breaks April Sales Record as Tariffs Spur US Demand
Toyota Motor Corporation achieved a record for the second consecutive month in April, with global sales reaching 936,718 units—a 12% increase compared to the same month last year. The total includes figures from its subsidiaries, Daihatsu Motor Co. and Hino Motors Ltd. Global production reached 902,425 units. This surge was driven by strong demand in the United States and Japan, as well as customers rushing to purchase vehicles ahead of new tariffs imposed by President Donald Trump. In the US, Toyota and Lexus sales rose by 10% compared to the previous year. This surge was fuelled by steady consumer demand and a spike in orders as a 25% tariff on imported vehicles and parts will take effect. The looming tariffs prompted many buyers to act quickly, contributing to the April sales increase. The tariff measure, introduced by President Donald Trump as part of his broader trade policy, has disrupted global carmakers, pushing them to consider longer-term strategies to mitigate uncertainty. Although the tariffs ended up blocked by the US trade court (a ruling the Trump administration has vowed to appeal), the immediate impact has been significant. Toyota has forecast a financial impact of approximately JPY 180 billion (USD 1.2 billion) for April and May alone from tariffs. Despite this, the company is maintaining a cautious approach, opting to respond flexibly without making operational changes until trade conditions become more transparent. CEO Koji Sato has indicated that Toyota is considering expanding local product development and manufacturing capacity in the US over the medium to long term to mitigate future risks. Toyota's strong April followed an 8% rise in US sales in March. Other Japanese carmakers also saw gains that month, with Honda Motor Co. reporting a 13% increase and Nissan Motor Co. a 10% rise. Meanwhile, Mazda Motor Corp. announced it will pause US production of a model variant exported to Canada, Honda will shift production of its hybrid Civic from Japan to the US, and Nissan is suspending US orders for SUVs manufactured in Mexico. Bloomberg Related
Motor Trend
3 days ago
- Automotive
- Motor Trend
The 2026 Toyota RAV4 GR Sport PHEV Isn't the First Ultra-Sporty RAV4
The 2026 Toyota RAV4 lineup is wider than ever, with so-called "core" models forming the backbone of the bestselling compact SUV's family, and a new Woodland off-road trim joining an equally new GR Sport trim level on the fringes. While there are other "sport" themed RAV4s available, namely an XSE model, the zestiest of the bunch is that GR Sport. 0:00 / 0:00 It combines the new RAV4's most powerful powertrain—a 320-hp plug-in hybrid setup—with a lowered suspension, sticky summer tires, and heavily bolstered seats. Sounds wild, right? Well, it's not the first time Toyota's gotten weird with the RAV4, which has otherwise been an exemplar of the mainstream since its 1996 introduction. New Sport, Same as the Old Sport? The Sport trim level has been offered with RAV4s on and off for decades, but the GR Sport isn't the first one with huge power underhood. The last-generation RAV4's Prime (later Plug-In Hybrid) version offered up a stout 302 ponies and came only in Toyota's sportier XSE trim level. Before that, the only other RAV4 that qualified as "powerful" is the only RAV4 ever to offer V-6 power, the third-generation model sold between 2006 and 2012. It was larger than the dinkier first- and second-gen versions, so much so it even offered a (tiny) third-row seat option. But the headliner was that optional 3.5-liter V-6 that Toyota stuffed between its front wheels. While most third-gen RAV4s were sold with a 2.4-liter inline-four sending 166 hp through a four-speed automatic transmission, the optional V-6—available across the lineup, from the entry-level version with unadorned steel wheels to the Sport to the top-tier Limited variant—was where the real action was at. The 3.5-liter V-6 borrowed from the larger Avalon sedan pushed out a mighty 269 hp and 246 lb-ft of torque and enjoyed an extra forward ratio in its five-speed auto. For a time, V-6-powered RAV4s were the quickest new Toyotas you could buy; MotorTrend tested one that reached 60 mph in only 6.3 seconds. Nothing else in the compact SUV segment at the time even came close to the Toyota's muscle, which was deployed most effectively in the firmed-up, big-wheel RAV4 Sport model. Well, there was one SUV with the power to challenge the V-6 RAV4: The electric one. Yep, from 2012 to 2014, at the tail end of the RAV4's third generation and well into the fourth-gen RAV4's tenure, Toyota sold an EV version based on the 2006–2012 RAV4. Believe it or not, but the third-generation RAV4 was actually not the first RAV4 to offer an all-electric variant (there was a second-generation spin-off first), and the 2012 version came loaded with an early Tesla powertrain (!) and a 42-kWh battery good for a mere 100 miles of driving range. Power output from the single motor (derived from one in the Model S but significantly detuned) stood at 154 hp and 273 lb-ft of torque, routed to the front wheels via a single-speed transmission. This was good for a seven-second 0–60-mph time, according to Toyota, when the RAV4 EV was placed in its Sport drive mode. (The regular setting lengthened acceleration time to 8.6 seconds.) These were only offered in certain states, and can be picked out by their lack of an external spare tire, body-color grille delete panel (with goofy large "EV" lettering beneath the Toyota lettering), blue-tinged badges, and unique headlight internals. Actually, Sort Of! In a way, the 320-hp plug-in hybrid RAV4 GR Sport is an amalgamation of the third-generation RAV4's most powerful powertrain options. Today, four-cylinder engines have largely supplanted six-cylinder options in the compact and midsize vehicle segments, so the GR Sport PHEV's system being anchored by a heavily electrified four-cylinder engine not only follows that trend, but its e-motor support recalls the oddball Tesla-powered RAV4, as well. Like other plug-in-hybrid 2026 RAV4s, the GR Sport's system is 18-hp more powerful than the last-generation RAV4 PHEV. It combines a 2.5-liter four-cylinder engine with two electric motors and a planetary-type continuously variable automatic transmission (CVT) to power the front axle, along with a third electric motor that lives on the rear axle and spins the rear tires for on-demand all-wheel drive. The onboard battery can be charged at up to 11 kW on an AC home charger, but strangely, the GR Sport does not offer the same CCS-style DC fast-charging port as the lesser RAV4 XSE and Woodland PHEV trim levels. So, while the GR Sport is likely to be among the quicker RAV4s on sale later this year, that'll only apply to its straight-line speed—not its on-the-go charging speeds. Where the 2006–2012 RAV4 Sport featured cool 18-inch wheels and meaty, relatively low-profiled (for the time) all-season tires along with a firmed-up suspension and blacked-out trim, the 2026 RAV4 GR Sport goes ham sandwich on apparent track-readiness. It wears Dunlop Sportmaxx summer tires wrapped around 20-inch wheels that fill more of the fenders—their offset is wider than regular RAV4 wheels—and beefy brakes with red-painted calipers. The GR Sport's face is entirely different from the headlights down relative to other 2026 RAV4s, with a gaping lower intake and huge vents at each front corner. Out back, a wild spoiler sprouts from the top of the tailgate, and the lower bumper incorporates as much black trim as the nose. Inside there is a black-and-red color scheme, with red contrast stitching, sporty aluminum pedals, and heavily bolstered front seats not shared with other RAV4s. Will this GR Sport be the quickest factory RAV4 ever? Last year's RAV4 Plug-In Hybrid was capable of a relatively quick 5.5-second zero-to-60-mph time. With the GR Sport's stickier tires, hotter chassis setup, and the same 18-hp bump shared by other plug-in-hybrid 2026 RAV4s, we anticipate it will be. But just remember—it wouldn't be the first time the RAV4 delivered unexpected power and performance, even if we won't ever see a V-6 (or a Tesla-sourced motor) under the hood again.
Yahoo
4 days ago
- Business
- Yahoo
Toyota Motor Corporation (TM) to Begin Construction of New Tokyo Head Office, Opening Planned for FY2030
Toyota Motor Corporation (NYSE:TM) has announced that it will begin construction of its new head office in Tokyo with Keikyu Corporation on May 31. The new facility will be located next to the Shinagawa Station, one of Japan's major transportation hubs. It is set to create a new base to promote the company's full transformation into a mobility company. The building is expected to open in FY2030. Workers assembling a car in a modern manufacturing plant, emphasizing the company's sense of progress. In a press release shared on Monday, the Toyota Motor Corporation (NYSE:TM) said that the new head office will focus on two important themes: carbon neutrality and expanding the value of mobility. It will also serve as a base for people to come together and collaborate on creative ideas to generate synergy. Toyota Motor Corporation (NYSE:TM) plans on offering an 'engineer-first environment' at its new head office by serving as a development base for artificial intelligence, software, and other forms of intelligence. Moreover, the company is also considering implementing the Genki-Kûkan initiative, where employees can work alongside plants and other natural elements to enhance their mental and physical well-being. Here is what Toyota Motor Corporation (NYSE:TM)'s President Koji Sato said during the groundbreaking ceremony on May 23: "The new Tokyo Head Office will be a key base for Toyota's transformation into a Mobility Company. We will create an environment where diverse talents can come together and unleash their creativity, accelerating our efforts to enrich lives through mobility. Furthermore, aiming to be 'Best-in-town,' we are committed to contributing to the further development of the Shinagawa Station area, firmly rooted in the local community." While we acknowledge the potential of TM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. Disclosure: None.
Yahoo
5 days ago
- Automotive
- Yahoo
Toyota Motor Corporation (TM) is Attracting Investor Attention: Here is What You Should Know
Toyota Motor Corporation (TM) has recently been on list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned -3.1%, compared to the Zacks S&P 500 composite's +8.2% change. During this period, the Zacks Automotive - Foreign industry, which Toyota Motor falls in, has gained 2.8%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Toyota Motor is expected to post earnings of $6.06 per share for the current quarter, representing a year-over-year change of -4.6%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.3%. The consensus earnings estimate of $22.25 for the current fiscal year indicates a year-over-year change of -5.8%. This estimate has changed +0.3% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $24.33 indicates a change of +9.3% from what Toyota Motor is expected to report a year ago. Over the past month, the estimate has changed +0.5%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Toyota Motor is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For Toyota Motor, the consensus sales estimate for the current quarter of $80.48 billion indicates a year-over-year change of +6%. For the current and next fiscal years, $332.37 billion and $351.47 billion estimates indicate +5.4% and +5.8% changes, respectively. Toyota Motor reported revenues of $81.09 billion in the last reported quarter, representing a year-over-year change of +8.8%. EPS of $3.39 for the same period compares with $4.99 a year ago. Compared to the Zacks Consensus Estimate of $78.47 billion, the reported revenues represent a surprise of +3.34%. The EPS surprise was +16.1%. Over the last four quarters, Toyota Motor surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period. No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Toyota Motor is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Toyota Motor. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corporation (TM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Qatar Tribune
6 days ago
- Automotive
- Qatar Tribune
Imagination drives future: Toyota honours Dream Car Winners in Qatar
Tribune News Network Doha Al Abdulghani Motors, the authorized distributor of Toyota in Qatar, announced the winners of the 18th Toyota Dream Car Art Contest during a special ceremony held at the Toyota showroom in Lusail. The event brought together students, parents, teachers, Qatari athletes Ali Arshid and Cherif Younousee, and representatives of Al Abdulghani Motors to honor the creativity and imagination of the next generation. This year's contest welcomed more than 500 creative drawings from students across more than 200 schools in Qatar. Young artists were invited to design their 'Dream car', a vehicle that brings happiness, solves real-world challenges, or contributes to a better tomorrow. The artworks reflected inspiring ideas that ranged from sustainability and environmental protection to community unity and compassion. The contest featured three age categories: under 7 years, 8 to 11 years, and 12 to 15 years. Three winners were selected from each category and honored during the event by senior management from Al Abdulghani Motors, who presented them with certificates and exciting prizes. The winning drawings will be submitted to the World Contest in Japan, and if selected at the global level, winners will receive valuable prizes from Toyota Motor Corporation. An additional 25 finalists were recognized for their outstanding creativity, and three of them were awarded based on the results of an online competition hosted by Al Abdulghani Motors, where the public was invited to cast their votes. During the ceremony, Qatari athletes Ali Arshid, a member of the Global Team Toyota Athletes (GTTA) programme, and Cherif Younousse, Qatar's beach volleyball champion sponsored separately by Al Abdulghani Motors, joined the celebration, bringing an extra spark of inspiration to the young participants. The athletes interacted with the students, encouraging them to pursue their passions with determination and creativity. They shared powerful insights from their journeys as national champions, highlighting the values of perseverance, discipline, and the courage to dream big principles that resonate with the vision of the Toyota Dream Car Art Contest and the core values of Toyota Motor Corporation. Since its launch in 2004, the Toyota Dream Car Art Contest has engaged over 9.4 million children from 144 countries. More than just a competition, it is a platform to nurture imagination and celebrate the artistic expression of the next generation of inventors, thinkers, and dreamers. Al Abdulghani Motors continues to champion this global contest in Qatar as part of its Corporate Social & Responsibility (CSR) initiatives, fostering creativity and providing young talents with a platform to showcase their vision for a better world. This initiative also reflects the company's broader commitment to empowering youth, supporting aspiring talents, and encouraging excellence, whether in arts, innovation, or sports.
