Toyota is, in our view, in excellent financial shape, and we believe its balance sheet is one of the strongest in the auto sector. The company has a small debt load and substantial cash holdings.
Shares of Toyota Motor ( TM 4.61%) rallied 4.8% on Wednesday as of 2:23 p.m. ET. Toyota is the largest automaker in the world, so its stock hasn't escaped the slowdown in auto sales that came after ...
After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to ...
Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Feb. 5, under a new partnership with the Shanghai government.
Now that that's out of the way, here's what we know. Reports are coming out of Asia this morning that at Nissan's behest, interestingly enough, merger talks with Honda will be suspended. The two ...