Toyota Motor Corp ADR
TM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$723.00 | Dxm | Ndhkympfv |
Toyota's Rebound From the Chip Shortage Has Led to Strong Earnings
Business Strategy and Outlook
Toyota's vision includes making compact cars a priority for emerging markets with attractive design but lower costs, having designers and engineers as equal partners, and increasing scale from the Toyota New Global Architecture, which develops vehicles using common parts, something critical for Toyota to keep pace with large automakers and Tesla. We think giving local designers more control is letting Toyota make more exciting vehicles.