MEXICO CITY -- Toyota Motor is investing $1.45 billion in Mexico to ramp up output of vehicles for export to the U.S., the company has announced, though higher American tariffs under a second Trump administration could complicate its plans.
Automobiles
Toyota to invest $1.45bn in Mexico as Trump trade turmoil looms
Automaker to boost production of Tacoma pick-ups for export to U.S.
Toyota Motor pans to expand its plant in Guanajuato, in central Mexico, as well as in Baja California. © Reuters
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