To boost production, Toyota puts billions into US plants post shift to SUVs

Topics Toyota SUVs | Toyota  | Toyota India

Toyota Motor Corp. has poured more money into yet another North American plant to boost production of the SUVs and trucks U.S. customers increasingly seek instead of sedans.

The Japanese automaker said Friday it has spent $700 million and hired 150 new workers at its plant in Princeton, Indiana, mostly to increase output of its Highlander sport utility vehicle. The outlay is part of a $1.3 billion injection into the factory and a broader pledge by Toyota to invest $13 billion at its U.S. facilities through 2021, about half of.....

This article is no longer available in our repository.

There could be multiple reasons for this.