A Toyota Tacoma.Image: keystone
Japanese automaker Toyota is moving production of its Tacoma pickup truck from Mexico to the United States. To achieve this, the group is investing $3.6 billion in its factory in San Antonio, Texas.
July 7, 2026, 12:49 p.mJuly 7, 2026, 12:49 p.m
Toyota is building a second assembly line there that is scheduled to be operational by 2030. According to the company, this will create more than 2,000 new jobs and increase the site’s annual production capacity by 150,000 vehicles. The aim is to further strengthen the locally anchored and competitive production system, it was said.
The announcement comes a few days after the US failed to extend the North American Free Trade Agreement with Mexico and Canada as planned. The agreement will now only be extended for one year and reviewed annually, increasing uncertainty for companies.
Toyota had already announced last November that it planned to invest up to $10 billion in the USA over the next five years. The expansion of US production also takes place against the backdrop of US President Donald Trump’s trade policy. Last year, his government significantly increased tariffs on imported cars as well as steel and aluminum from Japan, thereby increasing the incentive to produce vehicles directly in the USA. (sda/awp/afp)