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    Analysis

    Toyota invests in US-based hybrid auto manufacturing 

    Written by Kristen DiLandro


    Toyota says its $912‑million investment in the US will boost production capacity for hybrids and introduce hybrid‑electric Corollas.

    Increasing consumer demand for hybrid electric and gasoline powered autos sparked the automaker’s investments. Spanning five US-based manufacturing facilities, the company also expects to create an additional 252 jobs. Toyota plans to invest up to $10 billion in the US over the next five years. 

    Toyota’s senior vice president of manufacturing operations, Kevin Voelkel, emphasized the automaker’s readiness to meet the growing demand for its hybrid models. They account for half of all the automaker’s sales.  

    “Customers are embracing Toyota’s hybrid vehicles, and our US manufacturing teams are gearing up to meet that growing demand,” said Voelkel. 

    He noted, “Toyota’s philosophy is to build where we sell, and by adding more American jobs and investing across our US footprint, we continue to stay true to that philosophy.” 

    The company’s North America manufacturing facilities produce 76% of the vehicles it sells in the US.

    Kristen DiLandro

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