|Bid||119.19 x 100|
|Ask||122.00 x 300|
|Day's Range||121.12 - 121.80|
|52 Week Range||103.62 - 123.18|
|PE Ratio (TTM)||10.66|
|Dividend & Yield||3.93 (3.28%)|
|1y Target Est||N/A|
CHARLESTON, W.Va. (AP) — Toyota Motor Corp. announced a $374 million investment Tuesday at five U.S. plants to support production of its first American-made hybrid powertrain.
Toyota Motor Corp. said it will start production of its first American-made electric-gas hybrid engines, the latest in a series of investments by foreign auto makers to expand operations in the U.S.
The automaker said the investment would also be used to roll out Toyota New Global Architecture (TNGA) strategy at its Alabama plant, an initiative that aims to reduce the cost of developing new vehicles, partly by using more common components. The company would also start production of hybrid vehicle transmissions at its Buffalo, West Virginia facility and expand its 2.5-liter engine capacity at Georgetown, Kentucky, Toyota said.