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How Did Toyota Motor’s September 2016 Sales Turn Out?

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Price movement

Toyota Motor Corporation (TM) has a market cap of $194.3 billion. It fell by 0.69% to close at $115.26 per share on October 3, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.6%, -4.8%, and -6.3%, respectively, on the same day.

TM is trading 2.6% below its 20-day moving average, 1.5% below its 50-day moving average, and 4.7% above 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. The ETF tracks an index of large firms from developed markets outside the US. Its selection and weighting is based on fundamental factors, including sales, cash flow, and dividends and buybacks. The YTD price movement of FNDF was 5.6% on October 3.

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

  • General Motors (GM): $49.6 billion
  • Ford Motor Company (F): $47.7 billion

Latest news on Toyota Motor Corporation

In an October 4, 2016, press release, Toyota reported, “Toyota Motor Corporation and its fully owned subsidiary Daihatsu Motor Co., Ltd. plan to establish an internal company that will be responsible for compact vehicles for emerging markets, from product planning to production preparation.”

In an October 3, 2016, release, the company reported, “Toyota Motor Corporation plans to launch sales of its compact and cuddlesome “Kirobo Mini” communication partner through Toyota vehicle dealers across Japan in 2017. The nationwide rollout will be preceded by presales at designated dealers in Tokyo and Aichi Prefecture this winter, for which advanced orders will be taken online. Kiboro Mini is tentatively priced at 39,800 yen (excluding tax).”

In another October 3 release, Bloomberg reported, “Toyota Motor Corp. said it’s returning to the plug-in hybrid market in the US by lowering the price of a redesigned model to further undercut the Chevrolet Volt.”

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The release added, “Priced for Toyota’s new plug-in, dubbed Prius Prime, will start at $27,100. That’s $3,000 less than the version the company discontinued in June 2015, Bill Fay, head of US sales or the Toyota brand, told reporters at a Sept. 23 briefing. Volt prices start at $33,170, according to a General Motors Co. website.”

Toyota’s sales in September 2016

In September 2016, Toyota Motor Corporation (TM) reported total Toyota sales of 197,260 units, rise of 1.5% from September 2015.

  • It reported total Toyota division sales of 171,459 units, a rise of 1.4% from September 2015.
  • It reported total Lexus sales of 25,801 units, a rise of 2.0% from September 2015.

Sales by type:

  • Total Toyota car reported sales of 92,386 units, a fall of 9.2% from September 2015.
  • Total Toyota truck reported sales of 104,874 units, a rise of 13.3% from September 2015.

Next, we’ll discuss Procter & Gamble (PG).

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