Toyota plans $1 billion investment in two of its U.S. plants

The company is investing another $1 billion in its U.S
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Toyota will invest $1 billion into two of its existing U.S
auto plants, the company said in a statement Tuesday.

Approximately $800 million will be invested in the company's Georgetown, Kentucky plant to increase Camry and RAV4 production and to prepare the facility for the manufacturing of battery electric vehicles, according to Toyota Motor North America.The company will also be investing about $200 million into Toyota Motor Manufacturing Indiana to increase production of the Grand Highlander, a large SUV.The funds are being committed to “better meet diverse customer needs” in the United States, the statement said.

Toyota has performed well in the U.S
President Donald Trump imposed heavy tariffs on auto imports
Unit production in the United States rose by 9.7% in 2025 to 1.4 million vehicles, while overall unit sales of Toyota vehicles in the country increased 8% in 2025 to 2.5 million vehicles.

The company announced in November last year that it would invest up to $10 billion in the United States over the next five years, a move that would bring its cumulative investment in the U.S
to about $60 billion since it began operations in the country 69 years ago.

Of the $10 billion, $912 million has already been committed to expand production capacity for hybrid vehicles at five plants: Toyota Motor Manufacturing West Virginia in Buffalo, West Virginia; Toyota Motor Manufacturing Mississippi in Blue Springs, Mississippi; Toyota Motor Manufacturing Tennessee in Jackson, Tennessee; Toyota Motor Manufacturing Missouri in Troy, Missouri; and the Georgetown plant.

Toyota traded up 0.62% on Tuesday after the release of the news
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toyota(https://www.japantimes.co.jp/tag/toyota), electric vehicles(https://www.japantimes.co.jp/tag/electric-vehicles), cars(https://www.japantimes.co.jp/tag/cars), carmakers(https://www.japantimes.co.jp/tag/carmakers), U.S.(https://www.japantimes.co.jp/tag/us), U.S.-JAPAN RELATIONS(https://www.japantimes.co.jp/tag/us-japan-relations)
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