Toyota Motor Corporation (NYSE:TM) has begun outsourcing to contain costs as prices rise in Japan.
Toyota Motor Corporation (NYSE:TM) stocks were at 69.06 at the end of the day’s trading on 8/25/2010.
There’s been a -5.8% change in the stock price over the past 3 months.
Toyota Motor Corporation (NYSE:TM) Outsourcing
Toyota Motor Corporation (NYSE:TM) has actually begun outsourcing its to the U.S. as the Japanese yen appreciates against many other major currencies and general price levels rise in Japan, according to a report on Thursday.
The company is now importing engines from the U.S. for use in some of its own cars.
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Source:http://www.stockbriefings.com/toyota-motor-corporation-nysetm-outsourcing/3171748
