Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants
ToyotaToyota(US:TM) CNBC·2026-03-23 16:15

Production of the Toyota Camry at the automaker's plant in Georgetown, Kentucky.Toyota Motor on Monday announced it would spend $1 billion at two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years.The new investments include $800 million at a plant in Georgetown, Kentucky, to increase production capacity of the automaker's Camry sedan and RAV4 crossover. The remaining $200 million is to increase capacity for the Toyota Grand Highlander SUV at a plant in Princeton ...

Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants - Reportify