Tuesday, January 22, 2013

Toyota exec sees future where all cars sold in US are built there

Toyota could be on the verge of taking an unprecedented step by producing all of the cars it sells in the US right in North America.

Bill Fay, VP of Toyota US, hinted at such a possibility, but the wording in the report makes it sound like this is far from a done deal and would not apply to Scion or Lexus models.

Currently, the automaker already builds 70 percent of its US-sold cars in North America including some of its more popular models like the Camry, Corolla, Highlander, Tacoma and RAV4.

This is all a part of Toyota's plan to add 3,500 jobs in North America to go with recent investments totaling $1.6 billion.

Courtesy of House of Japan

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