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Toyota investing $3.6 billion in Texas plant, moving most Tacoma pickup production from Mexico
CBS News • • general
Key Points:
- Toyota will shift most production of its mid-size Tacoma pickup truck from its Tijuana, Mexico facility to its San Antonio, Texas plant as part of a $3.6 billion investment over the next four years.
- The company plans to build a second assembly line in San Antonio, creating over 2,000 jobs and increasing annual production capacity by 150,000 units.
- Toyota will continue producing some Tacoma trucks in Guanajuato, Mexico, while also manufacturing Tundra SUVs and Sequoia pickups in San Antonio, where a rear axle assembly facility is set to open this fall.
- The move aligns with broader industry trends as automakers shift production to the U.S. amid rising tariffs on automobiles, steel, and aluminum imposed by the Trump administration.
- Toyota emphasized its commitment to operations across the U.S., Canada, and Mexico and called for a swift resolution to the USMCA trade agreement, which Washington recently decided to review annually, creating uncertainty for businesses.
