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Toyota to move Tacoma truck production to Mexico from U.S.

Toyota Motor Corp said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America. The largest Japanese automaker also said it will end production of the Toyota Sequoia in Indiana by 2022 as that facility focuses on mid-size SUVs and minivans. Toyota will shift production of the Sequoia in 2022 to Texas and that plant will end production of the Tacoma by late 2021. …read more […]

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3 “Strong Buy” Stocks for the 5G Revolution in 2020

5G could be the key growth driver for “tech” stocks in 2020.That’s the upshot of a new report out of investment bank Needham this week, as its analysts report back from the just-ended Consumer Electronics Show in Las Vegas. Accelerating sales of both handsets and the infrastructure needed to make them work will provide a “major growth catalyst” for semiconductor-makers in particular, and tech in general, opines Needham, accelerating off a slowdown in the second half of 2019.”5G handset roll-outs [will accelerate] throughout 2020, especially in the 2H,” culminating in total phone sales of perhaps 200 million by the time …read more […]