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TM Oct 2024 220.000 put
| Previous close | 11.67 |
| Open | 11.80 |
| Bid | 11.50 |
| Ask | 12.40 |
| Strike | 220.00 |
| Expiry date | 2024-10-18 |
| Day's range | 11.67 - 11.80 |
| Contract range | N/A |
| Volume | |
| Open interest | 93 |
ReutersToyota mulls over $500 million investment into Texas plant
Major automakers are now refocusing their efforts and investments on hybrid and gasoline-powered vehicles with better profit margins, after slowing demand for electric vehicles prompted them to cut financial commitments towards such models. "We are constantly evaluating our competitiveness and making decisions to support the potential for continued investments across our North American operations...," Toyota said in an emailed statement to Reuters. Toyota did not provide additional details on the investment.
BenzingaToyota Faced Major Delays At Mexican Plant Due To Labor Shortages
Toyota Motor Corp (NYSE:TM) has faced significant production challenges at its Tijuana, Mexico plant, resulting in multiple stoppages in February and March due to local labor shortages affecting suppliers. The world’s largest automaker, which aims to produce 10 million vehicles this year, saw production halted for 19 days, according to a report from Reuters. In addition to labor shortages, technical problems at the Tijuana plant, where the Tacoma pick-up truck is manufactured, also contributed t
ReutersExclusive-Toyota repeatedly halted Mexico plant after suppliers hit by worker shortage, sources say
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. The stoppages, details of which were corroborated by documents from Toyota and suppliers reviewed by Reuters, illustrate a potential choke point for the world's top automaker, which plans to produce 10 million vehicles this year. Toyota halted production for a total 19 days in February and March at its plant in Tijuana, Mexico, where it makes the Tacoma pick-up truck, according to two of the people.
