Toyota Motors Stops Production At Plants After Blast In Tianjin

The auto making firm has decided to hold back production of cars in two plants situated in the northen region of China, following the blast in Tianjin.

Toyota Motors has reportedly decided to discontinue some of the production activities at two of its most important production plants following the blast that took place in the chemical plant in Tianjin last week. According to an article published in the Wall Street, it was seen that the Japanese firm is going to halt operations in the plant for a period of three days.

Both these plants of the auto giant are in the northern region of China, which explains why the halt is being observed. This discontinuation is being observed from Monday to Wednesday, where the firm will see to it that the evacuation is done to the fullest. There have been given instructions by the authorities to make sure all the safety measures are taken well so that further business activities can be done without an issue.

This will not only take place in the TEDA plant, but production will also be stopped from three days at the Xiqing plant. Even though this plant is not very near to the area where the chemical plant blew up, the reason for halt of manufacturing in the plant is due to the necessities needed from the TEDA plant without which it is not possible to carry out activities in Xiqing.

Since a lot of other automobile countries have had their cars effected from the deadly blast that took place, companies like Volkwagen AG was also seen, along with Toyota, to see how much damage has so far been done to their assets that were present around the blast. The Tianjin is reportedly the biggest import hub for automobile in the country which got quite damaged after the blast subsided. According to Renault SA, a French auto making company, a huge number of around 1500 cars became a wreck following the blast which is something that has raised concerns of auto makers present all around the where the explosion took place.

As for Toyota, the firm reported that the blast shook up all of building that the Japanese hybrid car owners owned in Tianjin and also ended up breaking the windows and glass of almost all the fragile material around. The logistics building that belonged to the firm also got completely damaged which is why the firm is now observing a still in the production houses.

Recent news has also confirmed that quite a number of other cars manufactured by different companies like Beetles and Volkswagen were also destroyed whereas the latter was not seen to give a definite number to the press.

Bidness Etc - Why Tesla Motors Should Not Be Taken Over By Apple Inc

In the most recent press conference that was held by Apple Inc on 9th March 2015, various questions were raised by the shareholders whether the company plans to take over Tesla Motors Inc (NASDAQ:TSLA) from the massive revenue that the company makes in every quarter. These questions, however, were completely ignored by the CEO of the company which created a feeling of doubt among the investors and created a feel of uncertainty among them about the future plans of the company.
Apple Inc scheduled the press release to launch it's new Apple Watch which is smart watch with many unique features that have not been offered by any other tech company before. During the press conference at the launch, many shareholders kept the topic of merging of the two companies alive by asking the CEO pressing questions about his plans for acquisitions but Cook was too smart to avoid the questions and the topic was hence dismissed.
One more question was raised by an Apple user who was also a Tesla fan and he inquired if the company had any plans to buy some stake in the auto making company to which Cook skillfully replied that he would like the auto-making firm to work with other automakers in the industry and collectively use the tech company’s new infotainment system for the cars called the CarPlay in which the car drivers will be able to connect their iPhones to the dashboard of their automobiles and freely make a video call to anyone, thus avoiding the real question.
According to the analysts at Bidness ETC, even though it is great to know that Apple is thinking about taking shares of Tesla, this will not work very well in the company’s favor as it is yet not automotive company and will take a lot of time to finally establish itself in the industry by which getting into the auto industry by taking the electric car makers’ shares will not be a wise move.
Many similarities between the companies have become evident in the past couple of years and this is a fact that cannot be denied. The most prominent of the similarity between the two giants is that both have been bringing huge changes to their particular industries by being extremely innovative in whatever that they do.
Nevertheless, both the companies have different aims and goals which are why the decision of a merger has been deemed as improvident.

Bidness Etc - Toyota Motors Receives a Hold Rating by Jefferies Group

Analysts at Jefferies Group have made coverage on the shares of Toyota Motors and decreased their ratings on the company's stock. Previously, the analysts at Jefferies had given a rating of ‘buy' to the company shares and now they have lowered their ratings and given the company a ‘hold' rating which is expected to put a bad impact on the stock in near future. The analysts have also lowered the price target of the shares of the auto making company which can be observed as a negative sign for investors.
Jefferies Group was also seen to change their ratings on other goods and companies in the past few days. The analyst firm has increased its price target on Ceragon Network Limited to $1.20 to $1.15, with a ‘hold' rating on the stock.
As for Toyota's (NYSE: TM) downgraded ratings, the main reason why analysts are lowering their price targets on the company's stock market is believed to the weak guidance report that the automakers have given the investors for the current quarter. Jefferies believe that the company will be ‘underperforming' in the coming quarters as it has been following a weak path of going forward which is also going to affect its future sales and overall profit. As for the stock value of the Japanese firm, a decline of 1% was seen on Friday, 27th February 2015.
Similarly, analysts at Zacks have suggested a ‘neutral' rating for the company's stock and set a price target of $137.00 on the shares.
According to the stock report of the past few months, Toyota Motors (NYSE: TM) has been experiencing higher high and higher lows witnessing constant highs in the share value and breaking all records. But these highs have now started to show signs of collapsing which, according to analysts, is going to make the investors think twice about keeping the company's share and will encourage them to sell it.
On Monday 2nd, Muto makers arch, the shares of Th automakers opened at $135.37. The company has a one-year high of $138.70 and a one-year low of $103.38. The stock of the company has 200 day moving price estimated at $122 and 50 day moving average estimated at $131.00.
The classic automakers announced their quarterly earnings report for the last quarter of 2014 on 11th February 2015 in which they declared an EPS of $3.15 which was only slightly lower than the EPS predicted by analysts.