Toyota Plans New Texas Assembly Plant to Address U.S. Business Challenges

Toyota is planning a new $2 billion assembly plant in San Antonio, Texas, aiming to address challenges in its North American operations and expand production capacity by 2030. The move comes as Toyota faces profitability issues due to tariffs but has seen strong sales performance in the U.S.

By Daniel Miller · Motley Fool ·

Toyota Plans New Texas Assembly Plant to Address U.S. Business Challenges

Tickers: $7203 $F $TM

Topics: EV strategy North America operations Toyota U.S. manufacturing expansion

Read the full article at Motley Fool

More World news