Hybrid Vehicles - Truenewj

Toyota Motor (TM): Global production increases for fifth consecutive month

amefika6 months ago02 mins

Toyota Motor Corporation (NYSE:TM) is one of the The most undervalued stocks to buy right now. On November 27, Reuters, citing Toyota Motor Corporation (NYSE:TM), highlighted that the company’s global production increased during the fifthth consecutive month in October, thanks to strong US demand for hybrid vehicles, mitigating weak sales in Japan and China. Toyota…

Volkswagen obtains financing to support hybrids and exports from Brazil

amefika7 months ago02 mins

Automobile and commercial vehicle manufacturer Volkswagen obtained 2.3 billion reais ($425.62 million) in financing from Brazil’s National Bank for Economic and Social Development (BNDES). The package includes credit lines aimed at accelerating the automaker’s development of hybrid vehicles and expanding the export activity of its operations in Brazil. Beyond accelerating Volkswagen’s range of hybrid vehicles,…