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Exec: Toyota will add jobs, build more cars in North America

TRAVERSE CITY, Mich. — Toyota’s top U.S. sales executive predicts that his company will add jobs and build more models in North America as a hedge against a strong yen. Jim Lentz, president and CEO of Toyota Motor Sales U.S.A., said Toyota already makes around 70 percent of the models sold in North America in the region. He sees that ...

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Dollar soars on European concerns

The dollar rose to its highest level against the euro in more than eight months Thursday as concerns over public debt in Europe spread. The 16-nation euro has been buffeted by mounting concern about the debt loads being carried by several European countries using the shared currency, including Greece, Portugal and Spain. The dollar is also getting a boost from ...

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