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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Toyota Motor Corporation    7203   JP3633400001

TOYOTA MOTOR CORPORATION

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Didi Chuxing to trial Japan premium service with Tesla, Mercedes cars

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11/19/2019 | 03:58am EST
Logo of Didi Chuxing is seen at its headquarters building in Beijing

China's Didi Chuxing will trial a premium ride hailing service in Japan offering Tesla, Lexus and Mercedes Benz vehicles, a company representative said.

The ride-hailing firm will roll out a "DiDi Premium" trial later this month in some areas in Tokyo in a move to diversify its operations in Japan, the representative told Reuters via a text message on Tuesday.

It will use premium vehicles including Tesla Model S sedans, Mercedes Benz S-class sedans and Lexus LS series sedans, and Didi hopes to eventually expand it to other major Japanese cities.

Besides Tokyo, Didi offers taxi-hailing services in Osaka, Kyoto and Nagoya.

In July, Lexus parent firm Toyota said it would invest $600 million in Didi Chuxing and a new joint venture as the companies seek to develop connected and electric vehicle technologies in China.

Tesla started to take orders for Model 3 vehicles in Japan in May.

(Reporting by Yilei Sun and Brenda Goh; editing by Jason Neely)

Stocks mentioned in the article
ChangeLast1st jan.
HEWLETT PACKARD ENTERPRISE COMPANY -1.88% 13.12 Delayed Quote.-15.95%
JAPAN SYSTEMS CO.,LTD. -0.24% 416 End-of-day quote.2.21%
MAJOR HOLDINGS LIMITED 0.00%End-of-day quote.0.00%
SUN CORPORATION -3.28% 1682 End-of-day quote.-5.13%
TESLA, INC. -2.07% 788.1931 Delayed Quote.91.22%
TOYOTA INDUSTRIES CORPORATION -5.49% 6020 End-of-day quote.0.50%
TOYOTA MOTOR CORPORATION -3.36% 7574 End-of-day quote.1.39%
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Financials (JPY)
Sales 2020 29 999 B
EBIT 2020 2 573 B
Net income 2020 2 420 B
Debt 2020 13 701 B
Yield 2020 3,09%
P/E ratio 2020 9,14x
P/E ratio 2021 9,00x
EV / Sales2020 1,15x
EV / Sales2021 1,19x
Capitalization 20 925 B
Chart TOYOTA MOTOR CORPORATION
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Technical analysis trends TOYOTA MOTOR CORPORATION
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 8 533,33  JPY
Last Close Price 7 545,00  JPY
Spread / Highest target 32,5%
Spread / Average Target 13,1%
Spread / Lowest Target -19,2%
EPS Revisions
Managers
NameTitle
Akio Toyoda President, CEO & Representative Director
Takeshi Uchiyamada Chairman
Didier Leroy Director, Head-Sales & Operations
Koji Kobayashi CFO, Director, Chief Risk Officer & Executive VP
Shigeki Terashi Director, Chief Technology Officer & Executive VP
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