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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Toyota Reshapes US Strategy: More Hybrids, New EVs, Fewer Lexus Sedans

Auckland,-,Oct,19,2018:auckland,City,Toyota,Motor,Corporation,In

Toyota Motor Corporation (NYSE:TM) shares are trading lower on Wednesday after Reuters reported that the carmaker was adjusting its U.S. manufacturing footprint.

According to Benzinga Pro, the company’s stock has gained over 13% in the past year. Investors can gain exposure to the stock via Precidian ETFs Trust Toyota Motor Corporation ADRhedged (NYSE:TMH).

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