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Toyota invests $3.6B to move Tacoma truck production from Mexico to Texas, creating 2,000 US jobs.

Company Fundamentals
06 Jul 2026
CNBC
View Source
Bullish
pluang ai news

Toyota announced a $3.6 billion investment to shift production of its Tacoma midsize pickup truck from Mexico to its San Antonio, Texas plant. This move will add a second assembly line, double the plant's size by 2030, and increase annual capacity from 200,000 to 350,000 units, creating 2,000 new US jobs. The investment aligns with Toyota's broader plan to invest up to $10 billion more in the US by 2030 and strengthens its North American manufacturing network amid changing trade policies. The San Antonio plant already produces the Tundra and Sequoia hybrids, and this expansion supports Toyota's goal to boost US manufacturing and compete for the top spot in US vehicle sales.

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