Toyota Motor Share Price (TYT)

Toyota are way behind the Chinese and the Koreans in electrification and still insist on producing ice cars in many forms the so called self charging hybrid is a joke..."it uses petrol" this will fall to $93. The BZ is slow and can not touch the Chinese ZEEKR by Geely/Volvo Auto...The chart showing. gyrations at the top a sure sign

what benefit I would get from owning Toyota shares? In the longer term.

By contrast, car production in Japan rose 17.8% to 3.2m over the same three quarter period compared to the corresponding period in fiscal year 2012 while the North American business segment saw car production rise 49.1% to 1.2m over the same time frame. Total consolidated net revenues rose 26% to 16,227,106m Yen, while operating income rose 598% to 818,507m yen. Major factors contributing to the increase in operating income included the positive effects from marketing activities generating 660.0bn Yen and cost reduction efforts saving 320.0bn Yen.

Japanese car manufactuer Toyota has reported a slight increase in its European car production business segment for the nine months to December 31st, a financial update issued by the company on Tuesday has disclosed. European car production rose by 1.5% to 266,757 units in the first three quarters of fical year 2013 ending December 31st, compared to the corresponding period in the fiscal year 2012. Net revenues in Europe increased 2.1% to 1,517.9bn Yen over the same period while operating income increased by 149.3% over the corresponding timeframes. The increase in operating income was described as being mainly due to increases in both production volume and vehicle unit sales. Over this period, European car production represented the minority of global light vehicle manufacture at just 4.15% of total production, with the vast majority of automobiles being manufactured in Japan and North America.

Thu 27 December 2012 13:15 A A A Japanese car-manufacturer Toyota has announced plans to pay over one billion dollars in a settlement for hundreds of lawsuits involving defects on some of its cars. The payout, which is still awaiting the approval of a federal judge, is set to become the largest of its kind in US history. The problem is related to the acceleration of the cars affected, with the vehicles suddenly accelerating without the drivers' instruction. Group Vice-President Christopher Reynolds said: "This was a difficult decision - especially since reliable scientific evidence and multiple independent evaluations have confirmed the safety of Toyota's electronic throttle control systems. "However, we concluded turning the page on this legacy legal issue is in the best interests of the company, our employees, our dealers and, most of all, our customers." Under the agreement, a number of customers will receive a direct payout from Toyota. The company is also reportedly set to install break-override system in over three million vehicles. Lawyer for the plaintiffs, Steve Berman, commented: "After two years of intense work, we are pleased that Toyota has agreed to a settlement."