"The production changes are created to group North American vehicle assembly plants based on shared platforms and common architectures to cut costs and improve operational speed and competitiveness", it is further said in the statement.
The carmaker plans to start moving the assembling of the Sequoia SUV to San Antonio in the next two years.
The announcement came a day after the US Senate approved the new US-Mexico Canada Agreement on trade, which importantly revamps the rules for manufacturing and cross-border trade in autos.
That said, the company cleared that the production realignment won't affect any direct jobs at its plants in IN and Texas.
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These were the details of the news Toyota showers billions on USA plants for this day. Tacoma production will conclude in Texas at the end of 2021 and quickly be replaced by the Sequoia SUV the following year. The Tacoma also is built at a factory in Baja California, Mexico.
"Part of Toyota's tremendous success in North America is building vehicles where we sell them", said Christopher Reynolds, chief administration officer, manufacturing and corporate resources for TMNA. "Our $1.3 billion funding at TMMI is further proof that our Hoosier personnel is rededicated to producing safer, high quality autos our clients desire to force". Last month, Toyota's Guanajuato plant began assembly of the Tacoma. Sales of the Highlander had been down 2.1% closing year, while sales of the Sienna declined 16.1%.
From Toyota's point of view shifting the production of Tacoma to Mexico makes sense. That can carry out room for further Tundra production as successfully because the Sequoia SUV, which is in a bag of residing to halt production on the in plant by 2022.
Toyota announced last year it is investing $391 million for multi-vehicle production capabilities at its San Antonio plant, which is capable of producing 208,000 vehicles every year. A Toyota spokesman declined to train on any future production plans for the Texas plant.
As a result, no U.S.jobs are expected to be cut as a result of the shift.