Company Of The Day: Toyota

+36.80%
Upside
153
Market
209
Trefis
TM: Toyota Motor logo
TM
Toyota Motor

What?

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.

Why?

Relevant Articles
  1. Company Of The Day: Toyota
  2. Forecast Of The Day: Average Revenue Per Toyota Vehicle
  3. Forecast of The Day: Toyota’s Average Revenue Per Vehicle Sold
  4. Company Of The Day: Toyota
  5. What Is The Likelihood Of Toyota Motor’s Stock Growing In The Next Month?
  6. What Next For Toyota Motor Corp?

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.

So What?

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