Toyota Motor Corp

NYSE:TMUnited States

Nov 11, 2024

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• DJ CarGurus Reports October Gains in Auto Demand -- Market Talk, from 12:48PM ET on Monday Nov 11, 2024 by Dow Jones

  12:48PM ET on Monday Nov 11, 2024 by Dow Jones
  Companies Mentioned: F, STLA, HMC, HYMLY, NSANY, TSLA, TM, GM, CARG
  
  1248 ET - Consumer demand for new and used vehicles rose in October following declines the month before, according to the latest monthly data from the digital auto retail platform CarGurus. Used vehicle demand was up 5% from September and 6% year-over-year, while new car demand jumped 4% sequentially and 8% year-over-year. Used vehicle inventory showed signs of stabilizing during the quarter too, the report says, adding that part of the rise in used auto demand came from a growing supply of certified pre-owned vehicles. Used vehicles are spending less time on the lot as their prices and inventory have improved, CarGurus' Kevin Roberts says. (dean.seal@wsj.com)
  

• Market Chatter: Toyota Motor Plans to Boost China Production, from 5:32AM ET on Monday Nov 11, 2024 by MT Newswires

  5:32AM ET on Monday Nov 11, 2024 by MT Newswires
  Companies Mentioned: TM
  05:32 AM EST, 11/11/2024 (MT Newswires) -- Toyota Motor (TM) plans to make at least 2.5 million cars per year in China by 2030, up from the 1.84 million cars it made in the country in 2022, Reuters reported Saturday, citing unnamed sources. The chan...