TM Jul 2024 240.000 call
- Reuters
Exclusive-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.
- CNN Business
What’s at stake in the union election at a Mercedes-Benz plant in Alabama
A high-stakes union election is underway at a Mercedes-Benz plant near Tuscaloosa, Alabama, the only plant for the luxury automaker in North America.
- Zacks
Toyota (TM) Falls 5% Since Q4 Earnings Beat on Soft Profit View
Toyota (TM) envisions operating income to be 4.3 trillion yen in fiscal 2025, indicating a contraction of 19.6% year over year.
