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Toyota (TM) Promotes Safe Driving With New Age TSS Package
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Toyota Motor Corporation’s (TM - Free Report) holding company Toyota Motor North America, Inc. reported that its second-generation Toyota Safety Sense (“TSS”) package will be used in certain vehicles of the company as standard equipment from mid-2018 onward. TSS package consists of active safety features, available in Toyota models.
The upgraded package will have new technologies and potential to augment safety for passengers, besides enhancing driver situational awareness, decision making and vehicle operation over a varied range of car speeds. The new TSS package will curb frontal collisions, keep drivers within lanes and increase road safety for night driving, which is beneficial to both passengers and drivers.
Further, this new TSS package reflects Toyota’s strategy to reduce costs of advanced safety technologies to make them accessible to a larger number of car buyers.
The initial version of TSS along with Lexus Safety System+ (LSS+), Toyota's Pre-Collision System (PCS) with Automatic Emergency Braking (AEB), Lane Departure Alert (LDA) and other advanced safety technologies have been added to five million Toyota and Lexus vehicles that are widely sold across North America, Japan and Europe. In addition, TSS and LSS+ will be available in almost every Toyota and Lexus model by the end of 2017.
Price Performance
In the last six months, shares of the company have outperformed the industry it belongs to. The stock has rallied 17.6% compared with the industry’s 17.1% gain during the period.
Zacks Rank & Other Key Picks
Toyota flaunts a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the auto space include Cummins Inc. (CMI - Free Report) , American Axle & Manufacturing Holdings, Inc. (AXL - Free Report) and Navistar International Corporation , all sporting a Zacks Rank of 1. You can seethe complete list of today’s Zacks #1 Rank stocks here.
Cummins has an expected long-term growth rate of 12.2%. The stock has seen the Zacks Consensus Estimate for current-quarter earnings per share being revised 2.4% upward over the last 30 days.
American Axle has an expected long-term growth rate of 8.1%. Over a month, shares of the company have been up 1.7%.
Navistar has an expected long-term growth rate of 5%. Its shares have been up 19.1% in the last three months.
Investor Alert: Breakthroughs Pending
A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.
Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.
Image: Bigstock
Toyota (TM) Promotes Safe Driving With New Age TSS Package
Toyota Motor Corporation’s (TM - Free Report) holding company Toyota Motor North America, Inc. reported that its second-generation Toyota Safety Sense (“TSS”) package will be used in certain vehicles of the company as standard equipment from mid-2018 onward. TSS package consists of active safety features, available in Toyota models.
The upgraded package will have new technologies and potential to augment safety for passengers, besides enhancing driver situational awareness, decision making and vehicle operation over a varied range of car speeds. The new TSS package will curb frontal collisions, keep drivers within lanes and increase road safety for night driving, which is beneficial to both passengers and drivers.
Further, this new TSS package reflects Toyota’s strategy to reduce costs of advanced safety technologies to make them accessible to a larger number of car buyers.
Toyota Motor Corp Ltd Ord Price and Consensus
Toyota Motor Corp Ltd Ord Price and Consensus | Toyota Motor Corp Ltd Ord Quote
The initial version of TSS along with Lexus Safety System+ (LSS+), Toyota's Pre-Collision System (PCS) with Automatic Emergency Braking (AEB), Lane Departure Alert (LDA) and other advanced safety technologies have been added to five million Toyota and Lexus vehicles that are widely sold across North America, Japan and Europe. In addition, TSS and LSS+ will be available in almost every Toyota and Lexus model by the end of 2017.
Price Performance
In the last six months, shares of the company have outperformed the industry it belongs to. The stock has rallied 17.6% compared with the industry’s 17.1% gain during the period.
Zacks Rank & Other Key Picks
Toyota flaunts a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the auto space include Cummins Inc. (CMI - Free Report) , American Axle & Manufacturing Holdings, Inc. (AXL - Free Report) and Navistar International Corporation , all sporting a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Cummins has an expected long-term growth rate of 12.2%. The stock has seen the Zacks Consensus Estimate for current-quarter earnings per share being revised 2.4% upward over the last 30 days.
American Axle has an expected long-term growth rate of 8.1%. Over a month, shares of the company have been up 1.7%.
Navistar has an expected long-term growth rate of 5%. Its shares have been up 19.1% in the last three months.
Investor Alert: Breakthroughs Pending
A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.
Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.
Click here to see them >>