NEW YORK — Despite plans to invest another US$2 billion in U.S. production capability over the next two years, Toyota Motor Corp. will not include a new plant in the sum. James Olson, senior vice president of Toyota Mfg. North America Inc., says the additional money will bring Toyota's total investment in the region to US$12 billion, allowing the Japanese automaker to add 200,000 units to its manufacturing volume by 2003 without a new plant. “We would need another plant to go beyond that ...

Premium Content (PAID Subscription Required)

"Toyota defers decision on new N.A. plant" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.