|Bid||135.38 x 800|
|Ask||135.50 x 800|
|Day's Range||133.81 - 135.82|
|52 Week Range||130.07 - 213.74|
|Beta (5Y Monthly)||0.61|
|PE Ratio (TTM)||13.61|
|Forward Dividend & Yield||4.41 (2.71%)|
|Ex-Dividend Date||Mar 30, 2022|
|1y Target Est||181.75|
General Motors Co outsold Japanese automaker Toyota Motor Corp in the United States in the third quarter, data on Monday showed, but analysts and investors are fretting that a darkening economic picture will lead to a drop in future car sales. GM said it sold 555,580 vehicles in the quarter through September, 24% higher than last year when inventory shortages hit sales. Toyota's sales fell 7.1% to 526,017 vehicles in the same period.
Thus far, a shortage of cars due to supply disruptions, combined with a preference for personal transport, has seen consumers willing to shell out more money, largely protecting profits at automakers and auto dealers who have pulled back on discounts. But used-car dealer CarMax Inc rang the alarm bells on Thursday, suggesting consumers were beginning to pull back from big-ticket purchases due to decades-high inflation.
TOKYO (Reuters) -Toyota Motor Corp on Friday lowered its October production target by 6.3% to about 750,000 vehicles because of a shortage of semiconductors. The announcement comes about a week after the world's largest automaker by sales released its production target of about 800,000 vehicles globally for the next month, deepening worries that the chip shortage will continue to stymie production in the second half of the financial year to March 31. The Japanese automaker, however, on Friday said that its 9.7 million vehicle production target for the current financial year has not changed.