Toyota Stock Gains On January 2022 Production Plan

Toyota Motor Corp TM said it expects the global production plan in January 2022 to reach the 800,000 unit level, including recovery from previous production cutback effects.
Toyota had made repeated adjustments to its production plans since August 2021 due to a parts shortage resulting from the spread of COVID-19.
In addition, the company maintains a production forecast of 9 million units for the fiscal year.
Price Action: TM shares are trading higher by 2.51% at $185.31 on the last check Wednesday.