Auto Update: Ford and Toyota

A couple of auto-industry stories may affect stock prices as trading continues today. The following listed companies should see some movement: Ford Motor Company (NYSE:F) and Toyota Motor Corporation (NYSE:TM).

Here is some more info about stories affecting each company as the day’s trading continues.

Ford Motor Company (NYSE:F)

Ford Motor Company (NYSE:F) CEO Bill Ford said he isn’t worried about the upcoming GM public offering.

The upcoming GM stock offering could be as large as 16 billion, and will likely draw some investors to trade their Ford shares in on a new GM stake.

But Bill Ford remains focused on his company’s fundamental performance. At an even in Royal Oak, Michigan today, Bill Ford told reporters, “It doesn’t make any difference to me where our shares are or their shares are on any given day.”

Ford Motor Company (NYSE:F) shares are up 19% this year.

Toyota Motor Corporation (NYSE:TM)

Toyota Motor Corporation (NYSE:TM) has announced it intends to add a little “fun” to its lineup of cars.

Toyota President Akio Toyoda has said he wants to add more fun to Toyota Motor Corporation (NYSE:TM) cars.

After taking orders on the Lexus LFA, a $375,000 supercar that was six years in the making, the president announced he will also put into motion plans for a more affordable, rear-wheel drive car and, in efforts to add a little humor in addition to the fun, maybe even a sporty version of the Prius.

Expect more movement as the day’s trading progresses for both Ford Motor Company (NYSE:F) and Toyota Motor Corporation (NYSE:TM).