Toyota to invest $3.6 billion to move Tacoma pickup truck production from Mexico to Texas

Toyota will invest $3.6B to shift production of the Tacoma midsize pickup from Mexico to its San Antonio campus in Texas. The move is likely to be viewed as modestly positive for U.S. manufacturing footprint and supply-chain resilience, but it is not large enough on its own to drive major market-wide repricing.

Analysis

Toyota will invest $3.6B to shift production of the Tacoma midsize pickup from Mexico to its San Antonio campus in Texas. The move is likely to be viewed as modestly positive for U.S. manufacturing footprint and supply-chain resilience, but it is not large enough on its own to drive major market-wide repricing.