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February 10, 2014
05:56 EDTTMToyota to end production in Australia by the end of 2017
Toyota Motor Corporation and Toyota Motor Corporation Australia Ltd., its production and sales subsidiary in Australia, decided today to end Toyota vehicle and engine production in Australia by the end of 2017. Concerning the decision, TMC President Akio Toyoda said: “We believed that we should continue producing vehicles in Australia, and Toyota and its workforce here made every effort. However, various negative factors such as an extremely competitive market and a strong Australian dollar, together with forecasts of a reduction in the total scale of vehicle production in Australia, have forced us to make this painful decision.” Furthermore, Toyota is considering reducing the scale of the operations of Toyota Technical Center Asia Pacific Australia Pty. Ltd., Toyota's development base in Australia with operations related to Toyota production in Australia.
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August 26, 2014
12:01 EDTTMToyota moves forward with planning new Michigan facility
Toyota will move forward with the planning of its new facility on the York Township, Michigan campus of the Toyota Technical Center to accommodate approximately 250 direct procurement positions currently based in Kentucky approval of state and local incentives announced by the Michigan Economic Development Corporation and York Township.
August 21, 2014
07:18 EDTTMChina considering new anti-trust rules for auto sector, China Daily says
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06:26 EDTTMToyota slices China Lexus part costs amid anti-trust worries, Reuters says
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August 20, 2014
20:03 EDTTMFord planning hybrid to compete with Toyota Prius, Reuters reports
Ford (F) is planning to introduce a new hybrid gasoline-electric car in late 2018 to compete against the Toyota (TM) Prius, according to Reuters, citing two sources with knowledge of the company's plans. It will be the company's first "dedicated" hybrid, unlike the hybrid Fusion, which is a variation of an existing gasoline model. Reference Link
09:36 EDTTMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FOLD TSLA TWTR WHX FB TM NFLX X EOG

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