Toyota is significantly expanding its manufacturing footprint in the United States, announcing up to $10 billion in additional investment over the next five years, alongside a newly disclosed $912 million allocation to boost hybrid-vehicle production across five US plants.
The second investment is part of – and included within – the larger package announced earlier in November.
Toyota Motor Corporation said the up to $10 billion commitment will “bring the company’s total US investment to nearly $60 billion since beginning operations in the US nearly 70 years ago”. [Read more…] about Toyota expands US manufacturing with up to $10 billion investment and unveils new $912 million hybrid-production boost