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Toyota Motor Announces Its New Plan and Loss from Brexit

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Aug. 18 2020, Updated 4:45 a.m. ET

Price movement 

Toyota Motor (TM) has a market cap of $173.3 billion. It rose by 2.5% to close at $105.80 per share on June 20, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.0%, 6.2%, and -14.0%, respectively, on the same day.

This means that Toyota is trading 3.0% above its 20-day moving average, 3.0% above its 50-day moving average, and 6.6% below its 200-day moving average.

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Related ETF and peers

The Schwab Fundamental International Large Company ETF (FNDF) invests 0.07% of its holdings in Toyota Motor Company (TM). This ETF tracks an index of large firms from developed markets located outside the US. Its selection and weighting are based on fundamental factors, including sales, cash flow, and dividends and buybacks. The YTD price movement of FNDF was 1.3% on June 20, 2016.

The market caps of Toyota Motor’s competitors are as follows:

  • General Motors Company (GM) — $45.3 billion
  • Ford Motor Company (F) — $52.8 billion
  • Tesla Motors (TSLA) — $32.4 billion

The latest news from Toyota Motor

Toyota Motor noted that it plans to develop driver assistance systems that integrate artificial intelligence (or AI) to improve vehicle safety in the next five years.

The company expects a 10% charge on the cars manufactured in the UK if the withdrawal of Britain from the European Union—or Brexit—comes to pass. Brexit can make cars more expensive and reduce the top line of the company as well.

Toyota’s sales in May 2016

In May 2016, the company reported total Toyota sales of 219,339 units, a fall of 9.6% from May 2015. The company reported total Toyota division sales of 192,657 units, a fall of 9.5% from May 2015. It reported total Lexus sales of 26,682 units, a fall of 10.1% from May 2015.

Let’s look at sales by type:

  • total reported Toyota car sales of 107,714 units, a fall of 15.9% from May 2015
  • total reported Toyota truck sales of 111,625 units, a fall of 2.5% from May 2015

In the next part of this series, we’ll take a look at Under Armour.

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