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Jim Cramer on Toyota Motor Corporation (TM): 'It's Still In The Auto Business And That's A Real Tough Neighborhood And I Care About The Neighborhood'

Jim Cramer, in a recent discussion on Toyota Motor Corporation (TM), highlighted the challenges facing the automotive industry. He noted that despite Toyota's strong brand and history, the company is still fundamentally in the "auto business," which he describes as a "tough neighborhood." This comment reflects the broader difficulties within the sector, including competition from electric vehicle startups, supply chain issues, and shifting consumer preferences towards sustainability and technology. Cramer's analysis suggests a cautious approach to investing in traditional automakers like Toyota, emphasizing the need to consider the broader market dynamics and the specific challenges each company faces within this competitive landscape.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/jim-cramer-on-toyota-motor-corporation-tm-it-s-still-in-the-auto-business-and-that-s-a-real-tough-neighborhood-and-i-care-about-the-neighborhood/ar-AA1yiKlg ]