Toyota Motor Corporation (NYSE:TM) production facility in Guangzhou, China, sits idle for the second day in a row.
Toyota Motor Corporation (NYSE:TM) stocks stood at 71.27 as of 6/22/2010.
Toyota Motor Corporation (NYSE:TM)’s Guangzhou Plant Sits Idle
Toyota Motor Corporation (NYSE:TM) production facility in Guangzhou, China, sits idle for the second day in a row as workers at supplier Denso Corporation are on strike.
Paul Nolasco, a spokesman for Toyota, said the company had no idea when production would resume at the factory, which makes four car models for sale in China and has capacity to produce 360,000 cars a year.
If you’re contemplating investing in Toyota Motor Corporation (NYSE:TM) shares, be sure you make the trade at the right price. Timing the market or technical analysis is often a fruitless exercise, but do consider the price history:
Last Price: 71.27
52 Week Low / High: 69.25 / 91.97
50 Day Moving Average: 75.14
6 Month Price Change %: -12.8%
12 Month Price Change %: -6.2%
We will continue checking the Toyota Motor Corporation (NYSE:TM) stock price for changes over the next couple of weeks.
