Toyota Motor climbed about 1.1% to $200.365 Thursday afternoon after Reuters reported that an auto-industry group representing Toyota and other major manufacturers is pressing Congress to ban Chinese vehicles, software, and hardware from the United States before year-end. The stakes are enormous for Toyota, whose North American revenue surged 14.9% to 6.11 trillion yen in its latest quarter, with regional operating income strengthening to 185.4 billion yen. North America produces roughly 45.1% of Toyota's quarterly revenue, making this protection push significant for investors. However, broader restrictions could disrupt sourcing and force expensive supply-chain changes, and Toyota's stock sits 6.36% below its $213.97 GF Value, leaving a valuation gap if the company can protect its biggest market without crushing margins.
Toyota Motor Corp.Auto group lobbying for ban on Chinese cars could protect Toyota's North American market but also risk supply-chain disruptions.
