Toyota Motor Corporation (TM)

NYSE · Broad Market

Latest Move · 2026-02-23

-0.66%
Dips alongside consumer discretionary peers in broad market selloff

Toyota Motor Corporation's stock declined 0.7% amid several corporate developments. The company announced plans to build a circular vehicle recycling facility in Poland capable of handling 20,000 end-of-life vehicles annually, extending its existing Walbrzych operations. Toyota also reported Q3 2026 earnings per share of $6.26 on February 6, 2026, exceeding analyst estimates of $3.80 by 64.74%. Additionally, the company launched multiple new vehicles including the all-new RAV4 PHEV in Japan on March 9, 2026, with a 150 km battery electric range, and the 2026 C-HR electric crossover priced at $38,450. Toyota also deployed seven Agility humanoid robots in its Canadian manufacturing facility. Leadership changes occurred with Kenta Kon replacing Koji Sato as CEO. Chinese automakers are studying Toyota's strategies in Thailand's competitive market.

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Frequently Asked Questions

Why did Toyota Motor Corporation stock move today?

Toyota Motor Corporation's stock declined 0.7% amid several corporate developments. The company announced plans to build a circular vehicle recycling facility in Poland capable of handling 20,000 end-of-life vehicles annually, extending its existing Walbrzych operations. Toyota also reported Q3 2026 earnings per share of $6.26 on February 6, 2026, exceeding analyst estimates of $3.80 by 64.74%. Additionally, the company launched multiple new vehicles including the all-new RAV4 PHEV in Japan on March 9, 2026, with a 150 km battery electric range, and the 2026 C-HR electric crossover priced at $38,450. Toyota also deployed seven Agility humanoid robots in its Canadian manufacturing facility. Leadership changes occurred with Kenta Kon replacing Koji Sato as CEO. Chinese automakers are studying Toyota's strategies in Thailand's competitive market.

What does Toyota Motor Corporation do?

Toyota Motor Corporation is the world's largest automaker by volume, producing vehicles under the Toyota, Lexus, and Daihatsu brands with a strong emphasis on hybrid technology. The company recently announced a CEO transition from Koji Sato to CFO Kenta Kon, a move reported by Reuters as reflecting shifting strategic priorities. Today's modest decline tracked a broad consumer discretionary selloff rather than any company-specific development.

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