Hino to shut down Chinese engine JV [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: Yahoo! Finance
Hino Engine Company, after more than 20 years of operation, citing deteriorating market conditions. Shanghai Hino, a joint venture 70% owned by Hino Motors and 30% by state owned Guangzhou Automobile Group, was established in 2003 producing diesel engines for local commercial vehicle and construction machinery manufacturers. At a board meeting earlier this month, Hino Motors rubber stamped the decision to cease operations at the company by the end of September after management concluded it was “unlikely that the business of Shanghai Hino will grow in a sustainable manner” due mainly to growing sales of electric commercial vehicles and construction machinery in the country. The company said it had “decided to withdraw from this business and dissolve its consolidated subsidiary. Manufacturing will cease at the end of September 2024, after which dissolution procedures will begin promptly”. Hino said in a statement: “We would like to express heartfelt thanks for the support and ef
Show less
Read more
Impact Snapshot
Event Time:
TM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TM alerts
High impacting Toyota Motor Corporation news events
Weekly update
A roundup of the hottest topics
TM
News
- Paris Olympics 2024: Gymnast Carlos Yulo Rewarded For Two Gold Medals [Forbes]Forbes
- Toyota Motor Corporation (TM) Increases Despite Market Slip: Here's What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Toyota's Way Forward Fund Announces Grants, Sponsorships to Support Injury Recovery for Communities, Children and Their FamiliesPR Newswire
- Toyota OKs US Tundra for Australia sale [Yahoo! Finance]Yahoo! Finance
- TOYOTA JOINS LATIN MUSIC RISING STAR, DANNY OCEAN, ON LONG-AWAITED NORTH AMERICAN MUSIC TOURPR Newswire
TM
Sec Filings
- 9/4/24 - Form 6-K
- 8/27/24 - Form 6-K
- 8/9/24 - Form 6-K
- TM's page on the SEC website