Toyota will invest $383 million in four of its US-based manufacturing plants. This sizeable investment supports the production of four-cylinder engines used in both Toyota and Lexus models.
Thanks to this investment, Toyota will be able to build more hybrid powertrains for its American audience.
“Toyota customers want vehicles that are fuel-efficient and electrified,” said Norm Bafunno, senior vice president, Unit Manufacturing and Engineering, Toyota. “These investments allow us to meet customer needs and quickly respond to an evolving market. We are committed to investing in the US, and our teams are ready to take on this new challenge.”
Upgrades will be made to facilities in Alabama, Kentucky, Missouri, and Tennessee.