VW Brand to Beef Up Hybrid Offering as EV Shift Stumbles [BNN Bloomberg (Canada)]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: BNN Bloomberg
Expanding its portfolio of models with both a battery and an engine is among the VW brand's top priorities, Chief Executive Officer Thomas Schäfer said Wednesday. The move is a shift from its previous strategy of focusing mainly on full EVs. Customers “want plug-in hybrids now, including in China and the US,” Schäfer said in an interview on the sidelines of an auto-industry conference in London. Volkswagen has been tweaking its EV strategy after model delays and falling behind in China, where local brands dominate. Last year, the manufacturer scrapped plans to build a dedicated €2 billion ($2.2 billion) EV factory in Germany. Read More: VW to Woo Picky Chinese Buyers With New Electric Sub-Brand With EV growth slowing, carmakers are turning to familiar drivetrains to defend sales. Toyota Motor Corp. has been benefiting from a surge in global demand for hybrids. Mercedes-Benz Group AG earlier Wednesday said it will sell combustion-engine cars longer than expected amid disappoin
Show less
Read more
Impact Snapshot
Event Time:
TM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TM alerts
High impacting Toyota Motor Corporation news events
Weekly update
A roundup of the hottest topics
TM
News
- Analysis-UAW's stinging loss in Alabama won't kill national organizing effort [Yahoo! Finance Canada]Yahoo! Finance Canada
- Analysis-UAW's stinging loss in Alabama won't kill national organizing effort [Yahoo! Finance]Yahoo! Finance
- Mercedes-Benz workers in Alabama vote against union in major blow to UAW [FOX Business Network]FOX Business Network
- Hydrogen Vehicle market is projected to grow at a CAGR of 22.7% by 2034: Visiongain [Yahoo! Finance]Yahoo! Finance
- Toyota Faced Major Delays At Mexican Plant Due To Labor Shortages [Yahoo! Finance]Yahoo! Finance
TM
Sec Filings
- 5/13/24 - Form 6-K
- 5/8/24 - Form 6-K
- 5/7/24 - Form 6-K
- TM's page on the SEC website