- Toyota Motor Corp (NYSE:TM) has unveiled four new models of its Crown range to reimagine the 67-year-old brand.
- The four new models are a sedan, an SUV, a station wagon, and a crossover, which combines a sedan with an SUV.
- Two types of powertrains, 2.4-liter Turbo Hybrid System and Parallel Hybrid System, are available.
- The models will be produced at Toyota’s Motomachi Plant and Tsutsumi Plant.
- The Crown made its initial debut in 1955 as Toyota’s first mass-production passenger vehicle created with its domestic technology.
- Price Action: TM shares closed lower by 1.48% at $153.14 on Thursday.
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Morgan Stanley Maintains Equal-Weight on Resideo Technologies, Lowers Price Target to $23
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