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4-Traders Homepage  >  Equities  >  Tokyo  >  Toyota Motor Corp    7203   JP3633400001

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Toyota Looks to Make Prius in North America

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01/15/2013 | 06:36am CEST

DETROIT (Nikkei)--The head of Toyota Motor North America Inc. suggested the company plans to produce the Prius in North America, saying the firm intends to "make cars where they are popular, the Nikkei reported in its Tuesday evening edition."

The Toyota Motor Corp. (>> TOYOTA MOTOR CORPORATION) hybrid is selling well in North America.

Shigeki Terashi made the comments Monday at the North American International Auto Show when asked if his company planned to make the Prius in North America. His comment suggests the firm is looking to gain a cost edge over rivals.

U.S. sales of the Prius reached 240,000 units in 2012, up 73% on the year and accounting for 82% of all hybrids Toyota sells there. The North American unit will also consider locally manufacturing key components for hybrids, such as batteries and motors, according to Terashi.

Honda Motor Co. (>> Honda Motor Co Ltd) also appears to be leaning toward manufacturing hybrids in North America. The company currently sends key components to the U.S. for final assembly.

The firm's president, Takanobu Ito, says Honda may produce hybrids in North America but that the carmaker should first find out exactly how many hybrids will be sold there.

He also said Honda will shift to domestic procurement of motors and other components for hybrids in the U.S.

Stocks mentioned in the article : TOYOTA MOTOR CORPORATION, Honda Motor Co Ltd
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Financials ( JPY)
Sales 2018 28 265 968 M
EBIT 2018 -
Net income 2018 1 816 539 M
Debt 2018 9 486 166 M
Yield 2018 3,46%
P/E ratio 2018 10,09
P/E ratio 2019 9,61
EV / Sales 2018 1,04x
EV / Sales 2019 1,03x
Capitalization 19 985 860 M
Duration : Period :
Toyota Motor Corp Technical Analysis Chart | 7203 | JP3633400001 | 4-Traders
Technical analysis trends TOYOTA MOTOR CORP
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 24
Average target price 6 791  JPY
Spread / Average Target 11%
EPS Revisions
Akio Toyoda President & Representative Director
Takeshi Uchiyamada Chairman
Osamu Nagata Director, Chief Financial Officer & EVP
Kiyotaka Ise General Manager-Technology & Development
Shigeki Tomoyama General Manager-Information Technology Division
Sector and Competitors
1st jan.Capitalization (M$)
TOYOTA MOTOR CORP-10.38%182 319
VOLKSWAGEN-4.01%75 931
DAIMLER-14.72%75 878
HONDA MOTOR CO LTD-11.44%49 904