4 Consumer Stock Stories Making News On TGIF Day
Toyota Motor Corporation (NYSE:TM): Closing price $125.27
Anti-Japanese sentiment in China erupts from time to time for various reasons, and to that point, Toyota and its dealers are quietly collaborating to avert risks from such an event, even while recent sales data indicate a recovery for Japanese automakers since the most recent flare-up in 2012. Sales in China for Toyota and other Japanese car makers fell apart following a territorial dispute between Beijing and Tokyo that ignited an outbreak of anti-Japanese protests in September. As a result, some executives are mulling the idea of focusing its short-term sales effort on southern China, where anti-Japanese sentiment is historically weaker.
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