PRINCETON, IN – Toyota Indiana has invested an additional $700 million and added 150 new jobs to complete the transformation of its plant modernization project, first announced in January 2017.
TOKYO—The Japan Aerospace Exploration Agency and Toyota Motor Corp. recently formalized a three-year joint research agreement for the development of a manned, pressurized lunar rover. The vehicle will utilize fuel cell electric vehicle technologies.
HUNTSVILLE, AL–Toyota recently announced plans to install two new engine lines at its manufacturing facility here through a $288 million expansion project that will create 450 jobs. The investment will boost annual engine capacity from 670,000 to 900,000 by the end of 2021.
GEORGETOWN, KY—Toyota Motor Corp. will invest $238 million in its plant here and add production of two vehicles as part of a plan to ramp up spending on its U.S. operations.
AICHI, Japan—Looking to boost sales of its Mirai hydrogen fuel cell vehicle, Toyota plans to begin mass producing the second generation of the automobile. The company says the new model must have a lower entry price and greater travel range.
KARIYA, Japan—Toyota Motor Corp. unveiled to the media last week its historic plant here, which is where the company’s first prototype vehicle was developed in the early years of the Showa era (1926-1989). Called “The Prototype Plant at the Establishment of Toyota,” it has an atmosphere of the early days of the domestic auto industry. The plant will open to the public from July 18.
BLUE SPRINGS, MS--Toyota Motor Corp. is investing $170 million at its assembly plant here to build the 12th-generation Corolla sedan, creating 400 jobs. The small car is moving to a new platform known as Toyota New Global Architecture, and production lines will be replaced as part of the investment.
DETROIT--Toyota’s plan to invest $10 billion in the U.S. over five years includes spending more than a billion dollars at the Georgetown auto assembly plant. The Japanese automaker executives reaffirmed that commitment during the North American International Auto Show here last week.