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Report: Toyota Ponders Auto Plant in Mexico
Toyota Motor Corp. has launched a search in Mexico for a possible car assembly plant there, sources tell Bloomberg News.
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Toyota Motor Corp. has launched a search in Mexico for a possible car assembly plant there, sources tell Bloomberg News.
Toyota has a facility in Baja that makes and attaches cargo beds to Tacoma pickup trucks. But it is one of few major carmakers without a local vehicle production facility in Mexico. Within the past three months BMW, Kia and a Daimler-Nissan venture all have confirmed major new manufacturing projects in the country.
Bloomberg's sources say the site search has just begun and the company has not decided factory capacity or when the facility would open.
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