Toyota Motor Corporation (TM)
After hours:
- Yahoo Finance Video
Baidu to launch AI chatbot, Toyota remains top-selling automaker, Philips initiates more layoffs
Notable business headlines include Baidu launching an AI chatbot, Toyota remaining the top-selling automaker, and Philips initiating more layoffs.
- Bloomberg
Japan Output Inches Down as Global Slowdown Tempers Rebound
(Bloomberg) -- Japan’s factory output inched down again in December to cap a dismal quarter for the manufacturing sector, as policymakers look to improved consumption and net trade to fuel a rebound in the economy.Most Read from BloombergWall Street Is Losing Out to Amateur Buyers in the Housing SlumpTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsAdani Rout Hits $68 Billion as Fight With Hindenburg IntensifiesEven on $100,000-Plus, More Americans Are Living Paycheck to Payc
- Motley Fool
Why Toyota's Optimism Bodes Well for the Automotive Sector
Ever-escalating sticker prices, rising interest rates, and supply shortages cast a pall over the auto industry in 2022, when new vehicle sales in the U.S. were the lowest since 2011. This might be why Toyota Motor (NYSE: TM) plans to build as many as 10.6 million vehicles worldwide in fiscal year 2023 (starting on April 1), an increase of 1.4 million units from fiscal year 2022. The announced production figures apply to the company's Toyota and Lexus brands, and not its Daihatsu minicar or Hino truck making subsidiaries.
