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DETROIT — The United Auto Workers union faces the latest test of its ambitious plan to unionize auto plants in the historically nonunion South when a vote ends Friday at two Mercedes-Benz factories near Tuscaloosa, Ala.
A successful focus on gas-electric hybrid vehicles has led to Toyota Motor Corp.'s (NYSE: TM ) sales and profits surging, making TM stock the best automotive buy out there. In the last 12 months, TM stock has risen 55%, including a 21% gain so far this year.
Toyota Motor was forced to repeatedly halt production at a Mexico plant in February and March after local labour shortages snarled output at suppliers, according to people with knowledge of the automaker's operations.
Toyota Motor is testing the new battery-electric Hilux pickup truck to assess its performance in different conditions as the car maker prepares to manufacture the vehicle in Thailand by the end of 2025, an executive said on Thursday.
PLANO, Texas , May 15, 2024 /PRNewswire/ -- When it comes to social impact, civic engagement, and keeping community at the core of its business, Toyota North America* is recognized by Points of Light as a top community-minded company. This is the second year both Toyota Financial Services (TFS) and Toyota Motor North America (TMNA) have collectively ranked on The Civic 50 as a unified submission.
Toyota Motor Corp stock has seen a big rally this year, rising by about 18%, compared to the broader S&P 500 which remains up by just about 9%. There are a couple of factors driving the stock higher.
PLANO, Texas , May 14, 2024 /PRNewswire/ -- Fair360, formerly DiversityInc, has named Toyota North America* one of its 2024 Top 50 Companies, ranking fourth among the 160 companies participating in the survey. Toyota has maintained its position for the third year in a row and continues to be the only automotive manufacturer ranked in the Top 10.
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