VWAGY - Toyota To Infuse $2.2B In Brazilian Automotive Sector: Report | Benzinga
Japanese automaker Toyota Motor Corp (NYSE:TM) is reportedly set to announce an 11 billion real ($2.2 billion) investment in Brazil over the next few years.
The news, disclosed by Brazil’s vice-president and minister for industry Geraldo Alckmin on social media, states that Toyota will unveil the investment details at an event in its Sorocaba factory, located in Sao Paulo state.
This development comes amidst reports from local media anticipating the ...