Sunday, September 21, 2014

Toyota to Increase Production in México

Toyota Motor Company revealed expansion plans for México. The world’s largest automaker will be increasing production capacity by 40 percent at its Baja California factory near Tijuana, which manufacturers the Tacoma mid-size pickup truck.
The production of Tacoma pickup trucks will be increased by 89,000 vehicles. The upgrade follows an earlier capacity upgrade of 14 percent to 68,000 vehicles. A third shift will be added to the plant adding 300 jobs, in order to manage increased production.
Mike Bafan, president of the Baja California plant, said in a statement,” “We continue to see growth in the truck market,” adding, “Moving to three shifts allows us to fully utilize capacity and meet customer demand.”
Toyota Motor Company is the only world’s major automaker that does not have an assembly plant in México. The Tijuana plant, which is Toyota’s only plant in México, handles painting, body welding, and assembly of Tacoma trucks.
Last week Bloomberg, citing unnamed sources, reported that Toyota was scouting the country for potential sites for a new plant to build passenger cars, something it has been evaluating for the past two years.
However, after the Bloomberg report Automotive News reported that Akio Toyoda, Toyota’s president, implemented a three-year freeze on new factories through 2016.
(from Forbes)

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