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home / news releases / VWAPY - Toyota And Electrification

VWAPY - Toyota And Electrification

Volkswagen AG ADR Repstg Pref Shs
  • Toyota sales down but increases its dividend, and it plans to implement a share buyback program.
  • Little discussion about electrification in the Q2 earnings call, which focused on how Toyota was managing challenging market conditions.
  • In earnings Q&A, there was a question about electrification, which led to acknowledgement that Toyota has a problem with perception about its electrification plans.
  • A comparison of Ford versus Toyota approach to electrification is stark. Ford accepts electrification and says legacy companies should study Tesla; Toyota seeks to continue with ICE.
  • Toyota was named the third most obstructive company towards climate change, after Exxon Mobil and Chevron. There are many reasons for investors to be cautious of Toyota’s business planning.

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Toyota And Electrification
Stock Information
Company Name: Volkswagen AG ADR Repstg Pref Shs
Stock Symbol: VWAPY
Market: OTC
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