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Toyota Motor (NYSE: TM, 7203T) posted its Q2 FY 2027 financial results today with an Operating Income at ¥2.2 trillion. This is the first increase in three years. [However it builds the ongoing efforts to improve efficiency and cut costs at the suppliers of the giant Japanese Automotive Company. In Toyota’s view a major threat remains China: “Chinese manufacturers are now active in Asia and Europe and Latin America,” saying this expansion is an uncontrollable competitive risk to the company’s global market share. – AutoCrat. Read AutoInformed on Toyota Motor Posts Strong Q1 FY 2027 Results] The presentation was led by led by top Toyota managers including Executive Vice President Yoichi Miyazaki, Chief Accounting Officer Takanori Azuma and Chief Officer of External and Public Affairs, Hiroyuki Ueda.
“Our operating income for the first half of this fiscal year was ¥2.2 trillion. Through swift responses to changes in the external environment, including the situation in the Middle East, we mitigated the impact on earnings. Vehicle sales, mainly driven by hybrids, increased steadily, supported by strong demand,” said Chief Accounting Officer Takanori Azuma. Continue reading
GM Q3 2026 Net $3.3B. More Share Buybacks Coming
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General Motors (NYSE: GM) today reported Q3 2026 revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion, and EBIT-adjusted of $4.1 billion. The company is updating its full-year 2026 EBIT-adjusted guidance, narrowing the range. The company expects net income attributable to stockholders to be $8.9 billion to $9.5 billion; Automotive operating cash flow to be $17.3 billion to $20.3 billion; and EPS-diluted to be $9.72 to $10.72 based on its updated guidance and the impact of adjustments recorded year to date.
“GM is performing well, and we are working hard to continue our momentum despite growing inflationary pressures through strategic investments in new products and services, and through improved quality and operating efficiency. Over the next several years, our portfolio will only get stronger as we complete the launches of the all-new 2027 Chevrolet Silverado and GMC Sierra light duty pickups and follow them with our next-generation heavy duty pickups, our next-generation full-size SUVs, all-new Cadillac sedans and crossovers, and more,” said Mary Barra chair and CEO of General Motors. Continue reading →