Japanese carmakers are losing ground as China surges ahead in the EV race [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: Yahoo! Finance
Three of Japan's iconic car companies are struggling. Toyota, Honda, and Nissan have seen sales in China slump, and now Nissan and Honda are considering merging. Japanese automakers, which have prioritized hybrids, are facing pressure from China's EV giants like BYD. Japan's iconic auto industry is going through a rough patch, and now two of its most important companies are considering merging as they fight for survival. Nissan and Honda are set to negotiate a possible merger, according to multiple reports on Tuesday, as they mull combining forces to stave off the growing threat of Tesla and China's electric vehicle makers. It comes after the two companies and major rival Toyota reported slumping profits in their most recent earnings, as they grapple with ferocious competition in China and a bumpy transition to electric vehicles. Nissan announced it would cut 9,000 workers amid falling sales, while Honda reported a 15% drop in operating profit in the second quarter. Toy
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
- What Nissan dealers want most from a potential Honda partnership: hybrids [Yahoo! Finance]Yahoo! Finance
- What Nissan dealers want most from a potential Honda partnership: hybrids [Business Insider]Business Insider
- Honda And Nissan Merger Talks: What's At Stake [Barron's]Barrons
- Standard Motor Products Releases 2,367 New Numbers in 2024 [Yahoo! Finance]Yahoo! Finance
- Honda, Nissan hold merger talks as pressure grows from Chinese rivals, Japanese media report [Yahoo! Finance Canada]Yahoo! Finance Canada
TM
Sec Filings
- 12/4/24 - Form 6-K
- 11/29/24 - Form 6-K
- 11/25/24 - Form 6-K
- TM's page on the SEC website