Mexican Media Brands
Toyota Ready to Approve Car Plant in Mexico
Toyota Motor Corp.'s board could approve the company's first auto assembly plant in Mexico as soon as April, sources tell Reuters.
Share
Toyota Motor Corp.'s board could approve the company's first auto assembly plant in Mexico as soon as April, sources tell Reuters.
The sources say the factory will make the next-generation Corolla small sedan. Toyota also makes 150,000 Corollas per year at a factory it opened in 2011 in Blue Springs, Miss., in 2011.
Last September Toyota President Akio Toyoda told planners he would approve the Mexican facility only if they could show there was no further output possible from existing factories in the America. The plant, which would be Toyota's first in the country, would end a moratorium Toyoda imposed three years ago to refocus the company on product quality.
Reuters says the new facility is likely to be in Guanajuato in central Mexico. Toyota assembles Tacoma pickup trucks in the country but is the only major vehicle manufacturer without a carmaking operation there.
RELATED CONTENT
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
GM Develops a New Electrical Platform
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
