Toyota to invest US1bn to expand capacity in the US

GlobalData

Tue, March 24, 2026 astatine 4:50 AM CDT 1 min read

Toyota Motor North America Inc, the US-based subsidiary of Japanese automaker Toyota Motor Corporation, announced that it plans to put US 1 cardinal successful its Kentucky and Indiana plants, to present caller products that amended conscionable the divers needs of the company’s US customers.

Toyota confirmed that the concern is portion of the up to US$ 10 cardinal five-year concern program announced past November, arsenic portion of the company’s strategy of “investing and producing locally, contributing to the section community, and offering divers options tailored to section needs done a multi-pathway strategy.” The automaker confirmed that it employs astir 50,000 radical successful the US and has been progressive successful the improvement and manufacture of implicit 35 cardinal vehicles crossed 11 manufacturing plants to date.

Of the US$ 1 cardinal investment, US$ 800 cardinal volition beryllium spent connected the Kentucky works to present caller artillery electrical conveyance (BEV) models and summation accumulation capableness for the Camry midsize sedan and RAV4 SUV models. A full of US$ 200 cardinal volition beryllium invested successful the Indiana works to summation accumulation capableness for the Grand Highlander SUV.

Toyota’s Kentucky works is the company’s largest accumulation installation globally, with a capableness to nutrient 550,000 vehicles and implicit 600,000 engines annually.

"Toyota to put US1bn to grow capableness successful the US" was primitively created and published by Just Auto, a GlobalData owned brand.