Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Toyota Motor Corporation
  6. News
  7. Summary
    7203   JP3633400001

TOYOTA MOTOR CORPORATION

(7203)
  Report
Delayed Japan Exchange  -  02:00 2022-09-30 am EDT
1876.00 JPY   -4.21%
09/30Tesla's robot waves but can't walk, yet. Musk plans to make millions of them
RE
09/30Toyota Motor : Collaboration with Business Partners
PU
09/30Toyota Gives Northern Alabama Park Accessibility Makeover
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Automakers say U.S. Senate bill will 'jeopardize' 2030 EV targets

08/07/2022 | 05:21pm EDT
FILE PHOTO - Volkswagen's first battery plant, in Salzgitter

WASHINGTON (Reuters) - A group representing General Motors, Toyota Motor, Volkswagen and other major automakers said a $430 billion bill approved Sunday by the U.S. Senate will put achieving U.S. electric-vehicle adoption targets for 2030 in jeopardy.

The Alliance for Automotive Innovation had warned late Friday that most EV models would be ineligible for a $7,500 tax credit for U.S. buyers under the bill and had unsuccessfully lobbied to change sourcing requirements for battery components and critical minerals.

"Unfortunately, the EV tax credit requirements will make most vehicles immediately ineligible for the incentive," said the group's chief executive, John Bozzella.

The change "will also jeopardize our collective target of 40-50% electric vehicle sales by 2030."

(Reporting by David Shepardson; Editing by Cynthia Osterman)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
GENERAL MOTORS COMPANY -3.52% 32.09 Delayed Quote.-45.27%
STELLANTIS N.V. 0.47% 12.272 Delayed Quote.-26.45%
TOYOTA INDUSTRIES CORPORATION -4.18% 6880 Delayed Quote.-25.14%
TOYOTA MOTOR CORPORATION -4.21% 1876 Delayed Quote.-10.90%
VOLKSWAGEN AG -1.60% 126.4 Delayed Quote.-28.78%
All news about TOYOTA MOTOR CORPORATION
09/30Tesla's robot waves but can't walk, yet. Musk plans to make millions of them
RE
09/30Toyota Motor : Collaboration with Business Partners
PU
09/30Toyota Gives Northern Alabama Park Accessibility Makeover
AQ
09/30Toyota Motor : Shareholders & Investors News
PU
09/30Toyota Motor : Sustainability
PU
09/30Toyota Motor : Way 2020 / Code of Conduct
PU
09/30Toyota Motor Lowers Production Plan for October to About 750,000 Units
MT
09/30Chip Shortage Drives Toyota Motor to Cut October Production Target
MT
09/30Toyota Motor lowers October output target by about 50,000 vehicles
RE
09/30Toyota Motor : Adjustments to Domestic Production in October
PU
More news
Analyst Recommendations on TOYOTA MOTOR CORPORATION
More recommendations
Financials
Sales 2023 36 194 B 250 B 250 B
Net income 2023 2 898 B 20 028 M 20 028 M
Net Debt 2023 19 215 B 133 B 133 B
P/E ratio 2023 8,89x
Yield 2023 3,17%
Capitalization 25 678 B 177 B 177 B
EV / Sales 2023 1,24x
EV / Sales 2024 1,17x
Nbr of Employees 372 817
Free-Float 69,9%
Chart TOYOTA MOTOR CORPORATION
Duration : Period :
Toyota Motor Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOYOTA MOTOR CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 1 876,00 JPY
Average target price 2 428,95 JPY
Spread / Average Target 29,5%
EPS Revisions
Managers and Directors
Akio Toyoda Director & General Manager-Asia
Kenta Kon Chief Financial Officer, Director & GM-Accounting
Takeshi Uchiyamada Director & Manager-Development Center 2
Keiji Yamamoto Chief Information & Security Officer
Seiji Sakai Manager-Information Systems & IT Management
Sector and Competitors
1st jan.Capi. (M$)
TOYOTA MOTOR CORPORATION-10.90%177 472
VOLKSWAGEN AG-28.78%74 359
MERCEDES-BENZ GROUP AG-22.55%54 919
GENERAL MOTORS COMPANY-45.27%46 789
FORD MOTOR COMPANY-44.78%45 027
BMW AG-20.91%44 702