Automotive Industry

Toyota investing $3.6 billion in Texas plant, moving most Tacoma pickup production from Mexico

July 17, 2026
Toyota investing $3.6 billion in Texas plant, moving most Tacoma pickup production from Mexico

The announcement comes just days after Washington declined to renew a North American trade pact with Mexico, as well as Canada, fueling uncertainty for businesses.

Toyota said in November it planned to invest as much as $10 billion in the United States over the next five years.

The world's largest automaker by vehicle sales, Toyota plans to build a second assembly line at its San Antonio factory, creating more than 2,000 jobs and increasing annual production capacity at the plant by 150,000 units, the company said in a statement.

"The investment is aimed at further enhancing Toyota's locally rooted and competitive production system," the company said.

Toyota will also keep building some Tacoma trucks at its Guanajuato, Mexico, plant.

It produces Tundra pickups and Sequoia SUVs at its San Antonio plant and is on track to open a rear axle assembly facility on its Texas campus this fall.

https://www.cbsnews.com/news/toyota-3-6-billion-texas-plant-san-antonio-tacoma-pickup-production-from-mexico/