|Bid||2,076.50 x 0|
|Ask||2,079.50 x 0|
|Day's range||2,040.50 - 2,082.00|
|52-week range||1,424.40 - 2,188.00|
|Beta (5Y monthly)||0.63|
|PE ratio (TTM)||3.83|
|Forward dividend & yield||147.00 (6.92%)|
|Ex-dividend date||29 Sept 2021|
|1y target est||N/A|
Toyota Motor Corp on Tuesday said it is happy to use scratched or blemished parts from suppliers as the world's biggest car producer tries to trim costs amid a production-curbing global chip shortage and rising material costs. Toyota's acceptance of good enough by using parts it would have thrown away in the past marks a significant change both for a company renowned for stringent quality control and for Japanese manufacturing practices that often prioritised perfection over speed to market. Toyota last month raised its operating profit outlook https://www.reuters.com/business/autos-transportation/toyota-second-quarter-quarterly-profit-climbs-2021-11-04 12% for the year ending March 31, helped by favourable currency rates.
WASHINGTON (Reuters) -Toyota Motor Corp announced on Monday it is building a new $1.29 billion battery plant in North Carolina as it moves to expand its hybrid and electric vehicle efforts. The new plant, at a site in Liberty that will begin production in 2025, will initially be capable of supplying lithium-ion batteries for 800,000 vehicles annually, and will "pave the way" for Toyota's U.S. production of electric vehicles, said Chris Reynolds, chief administrative officer for Toyota Motor North America. The investment will be made by a new company called Toyota Battery Manufacturing and is expected to create 1,750 new U.S. jobs.
While the holiday season is upon us, low inventory levels and high vehicle prices are not likely to cause the usual year-end bump up in sales volume.