Company Of The Day: Toyota
Toyota (NYSE:TM) , the world’s largest car manufacturer by volume, is likely to cut global production in September by 40% from its previous plan due to a shortage in semiconductors.
- Toyota Stock Looks Like A Buy Despite Tepid Guidance
- Why Toyota Stock Looks Like A Buy Despite Mixed Earnings
- With Delivery Issues Likely To Ease, Should You Buy Toyota Stock?
- Company Of The Day: Toyota
- Forecast Of The Day: Average Revenue Per Toyota Vehicle
- Forecast of The Day: Toyota’s Average Revenue Per Vehicle Sold
Although Toyota weathered the initial impacts of the semiconductor supply crunch fairly well, the current resurgence of Covid-19 in Asia appears to be resulting in supplier disruptions for key components.
While the company maintained its annual sales and production targets, the cuts serve as a reminder that even Toyota, which is one of the best supply chain managers, remains vulnerable to disruption through Covid-19. Toyota stock declined by over 6% over the last two trading days.
See Our Complete Analysis For Toyota
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016
See all Trefis Price Estimates and Download Trefis Data here
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams