11:58:30 EDT Tue 13 Oct 2026
Enter Symbol
or Name
USA
CA



Toyota CDR (CAD Hedged)
Symbol TOYM
Shares Issued 150,000
Close 2026-10-09 C$ 10.52
Market Cap C$ 1,578,000
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Globe says Toyota, Honda benefiting from hybrid boom

2026-10-13 09:28 ET - In the News

Also In the News (C-F) Ford CDR (CAD Hedged)
Also In the News (C-HNDA) Honda CDR (CAD Hedged)
Also In the News (C-TSLA) Tesla CDR (CAD Hedged)

The Globe and Mail reports in its Tuesday edition that to the casual observer, it would seem to make sense that rising gas prices linked to President Donald Trump's war in Iran should be a ray of sunshine for the North American electric-vehicle sector. The Globe's Gus Carlson writes that in Canada, look no further than Ford Motor's decision to stop the conversion of its Oakville, Ont., assembly plant for EV production and retool it to produce heavy-duty gas-powered trucks. Seven months into the conflict, EVs are still feeling the chill of lacklustre buyer interest. Even the market leader Tesla reported last week that its third-quarter sales fell 2 per cent from a year ago. Like so many products, EVs are stalled at the intersection of opportunity and affordability. High sticker prices, slow introduction of new models, and lack of charging infrastructure continue to dog the sector's ability to take advantage of what should be ideal conditions for a comeback. Since the war started, only hybrids are seeing healthy sales. And with North American automakers effectively out of the hybrid arena, Asian carmakers are hogging the market. Sales of hybrid models from automakers such as Toyota, Hyundai and Honda are up sharply.

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