Toyota's Major US Plant Expansion in San Antonio Highlights Strategic Shift

Henry Cisneros, former US Department of Housing and Urban Development Secretary and former Mayor of San Antonio, discussed the origins and significance of Toyota's investment in San Antonio. He recounted how Toyota executives chose San Antonio for a new plant after observing the high number of pickup trucks at a Dallas Cowboys game, indicating strong local demand. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)