Alabama could be home to Toyota/Mazda plant

2017 Toyota Corolla SE Front Three Quarter In Motion 04

Toyota President Akio Toyota and his Mazda counterpart Kogai announce their alliance.

Toyota shares fell 0.7 percent to 7,085 yen as of 9:46 a.m.in Tokyo, while Mazda dropped 0.7 percent to 1,541 yen.

- North Carolina is one of two finalists for a vehicle manufacturing plant that would be jointly owned and operated by Toyota and Mazda, according to a Tuesday report in industry newspaper Automotive News.

Toyota already operates a broad network of factories in the US, but Mazda hasn't operated a plant there since exiting a long-running joint venture with Ford Motor Co. several years ago in southeastern MI. The two companies reportedly want $1 billion in tax breaks and other incentives for the privilege of being the home of the newest transplant facility.

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Vodafone Group Plc Raises Its Outlook for the Year
After $0.13 actual EPS reported by Yandex NV for the previous quarter, Wall Street now forecasts 15.38% EPS growth. J P Morgan Chase & Co reiterated a "buy" rating on shares of Vodafone Group PLC in a report on Monday, July 31st.

Diamondbacks' Torey Lovullo wins NL Manager of the Year
In the American League, it was Paul Molitor, who guided the Minnesota Twins to a postseason spot after losing 103 games in 2016. Major League Baseball has named Diamondbacks manager Torey Lovullo the National League Manager of the Year for 2017.

The automakers have been narrowing the list for weeks, knocking out nearly a dozen other contenders that until recently included Tennessee, Texas and SC, the people said.

North Carolina economic development officials do not, by policy, discuss the status of negotiations with prospective companies that might be considering the state to relocate or expand. Mazda will build crossovers at the plant, and Toyota intends to build the Corolla there. The plant will be able to produce 300,000 vehicles annually, and both companies hope to start operations in 2021.

Toyota and Mazda plan to announce their final choice by early next year, Akira Marumoto, Mazda's executive vice president, told reporters in Tokyo earlier this month.

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