FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo
WASHINGTON (Reuters) – Toyota Motor Corp (7203.T) said on Friday it will move accumulation of its mid-size Tacoma analeptic barter from the United States to Mexico as it adjusts accumulation about North America.
The better Japanese automaker additionally said it will end accumulation of the Toyota Sequoia in Indiana by 2022 as that ability focuses on mid-size SUVs and minivans.
Toyota will about-face accumulation of the Sequoia in 2022 to Texas and that bulb will end accumulation of the Tacoma by backward 2021.
Toyota has been architecture Tacoma trucks at its Baja California bulb in Mexico back 2004. Last month, Toyota’s Guanajuato bulb began accumulation of the Tacoma.
Toyota said its accumulation accommodation for the Tacoma in Mexico will be about 266,000 per year. Last year, the automaker awash about 249,000 Tacoma auto trucks in the United States, up 1.3%.
Toyota said the artefact moves were to “improve the operational speed, competitiveness and transformation at its North American agent accumulation plants based on platforms and accepted architectures.”
The new North American barter acceding accustomed by the U.S. Senate on Thursday ensures that automakers will still be able to body auto trucks in Mexico after adverse new castigating tariffs.
In February, Fiat Chrysler Automobiles NV (FCHA.MI) said it was abandoning affairs to about-face accumulation of able trucks from Mexico to Michigan in 2020, absolution a Michigan ability to aftermath Jeeps.
Toyota said Friday it completed a $1.3 billion addition advance in its Indiana operations to add 550 jobs. Toyota said there would be no abridgement to absolute jobs at any of Toyota’s accessories beyond North America as a aftereffect of the agent moves.
Reporting by David Shepardson; Editing by Chris Reese
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