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Monday, January 13, 2014

Toyota unveils sports car concept in bid to recapture Supra sizzle, (NYSE: TM)

Toyota Motor Corp took the wraps off a new sports car concept on Monday, underscoring an effort by Japan's largest automaker to energize its brand and fill a void in its lineup after discontinuing the Supra more than a decade ago. The concept, called the FT-1, is part of a broader attempt by Chief Executive Akio Toyoda to add excitement to a brand better known for quality and reliability than heart-pumping performance.

TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile business and financial business. Shares of TM fell by 0.79% or $-0.9508/share to $119.86. In the past year, the shares have traded as low as $94.14 and as high as $134.94. On average, 390392 shares of TM exchange hands on a given day and today's volume is recorded at 146064.