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Toyota (TM) to raise wages of US workers following UAW labor deals

November 1, 2023 2:06 PM EDT

Toyota Motors (NYSE: TM) announced Wednesday that the Japanese automaker will raise the wages of the companys nonunion U.S. factory workers. The announcement comes just days after the United Auto Workers (UAW) union won major pay and benefits enhancements from Detroit's three biggest... More

Toyota (TM) to invest additional $8B in North Carolina EV battery plant

October 31, 2023 11:07 AM EDT

Toyota Motor (NYSE: TM), on Tuesday, announced that the Japanese automaker will make an additional $8B investment alongside the creation of approximately 3,000 new jobs, at its North Carolina electric-vehicle battery production facility.

The investment amplifies the Japanese automaker's efforts to transition... More