Toyota Drops 1.74% as Automation Bill Reaches 1 Trillion
Toyota Motor NYSE:TM, the global automaker, fell about 1.7% to $187.05 in U.S. trading at 11am ET time on Thursday. Investors have a big factory question to weigh: according to Reuters, Toyota estimates that wider automation could cost roughly 1 trillion ($6.4 billion) a year starting in 2028.That…