Toyota announced last week it would do something other automakers have been reluctant to do – shift some production from Mexico to the United States.
The Japanese automaker will soon build half of its best-selling midsize Tacoma pickups at an expanded plant in San Antonio, where it already builds the Tundra full-size pickup and Sequoia SUV. But it will also continue to build Tacomas in Mexico.
President Donald Trump heralded the shift to US soil, calling it “a really big deal” and proof of “Tariffs at work!”
Toyota didn’t cite tariff policy as the catalyst.
“While we are impacted by evolving trade policies, our investments are multi-decade decisions based on broader strategic goals,” the company told CNN.
