Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
Other investments include $204.4 million in a plant in Georgetown, Kentucky, for four-cylinder hybrid-compatible engines and $125 million to expand Corolla production in Blue Springs, Mississippi, to include hybrid models.The investments announced Tuesday are broadly meant to support increasing production of hybrid vehicles, which Toyota leads with a more than 51% market share through the third quarter of this year, according to Motor Intelligence data. Most of the investments are expected to be completed b ...