Toyota, in $3.6 billion move, shifting Tacoma production to Texas from Mexico
Summary
Toyota announced it will move most of its Tacoma truck production from Mexico to its factory in San Antonio, Texas. This change is part of a $3.6 billion investment to expand the Texas plant, create jobs, and increase the number of trucks made each year.Key Facts
- Toyota will shift most Tacoma pickup truck production from Tijuana, Mexico to San Antonio, Texas.
- The move will take about four years to complete.
- The company will invest $3.6 billion to build a second assembly line at the San Antonio plant.
- This expansion will create over 2,000 new jobs and increase production by 150,000 vehicles annually.
- Some Tacoma trucks will still be made in Guanajuato, Mexico.
- Toyota already produces Tundra and Sequoia trucks in San Antonio and plans to open a new rear axle plant there.
- The shift partly responds to higher U.S. tariffs on vehicles, steel, and aluminum under President Donald Trump.
- Toyota supports a quick resolution to the US-Mexico-Canada trade agreement to keep North American manufacturing competitive.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
