Can Toyota Motor Break Higher?
T = Trends for a Stock’s Movement
Toyota Motor is a Japan-based company mainly engaged in the automobile business and financial business. The company operates through three business segments: automobile, finance, and others. Through its segments, Toyota Motor designs, manufactures, and sells vehicles as well as related parts and accessories; offers financial services related to the sale of its products; and is involved in the design, manufacture, and sale of housing, information and communication businesses. Vehicles and related products are seeing increased innovation, and Toyota Motor is at the head of this trend. Toyota has been dominating the competition and has been first to provide new technologies so look for the company to continue innovating.
Toyota continues to refine its portfolio in North America as it looks to shed under-performing models. The automaker will cease production on the FJ Cruiser in 2014, while the Venza midsize CUV or Yaris could be the next to go, predicts Wards Auto. The electric RAV4 could be safe the short-term despite low sales as Toyota has made a sizable investment in EV technology through a partnership with Tesla.