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Toyota to move Tacoma truck production to Mexico from US

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WASHINGTON: Toyota Motor Corp said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America.


The largest Japanese automaker also said it will end production of the Toyota Sequoia in Indiana by 2022 as that facility focuses on mid-size SUVs and minivans.


Toyota will shift production of the Sequoia in 2022 to Texas and that plant will end production of the Tacoma by late 2021.


Toyota has been building Tacoma trucks at its Baja California plant in Mexico since 2004. Last month, Toyota’s Guanajuato plant began assembly of the Tacoma.


Toyota said its production capacity for the Tacoma in Mexico will be about 266,000 per year. Last year, the automaker sold nearly 249,000 Tacoma pick-up trucks in the United States, up 1.3 per cent.


Toyota said the product moves were to “improve the operational speed, competitiveness and transformation at its North American vehicle assembly plants based on platforms and common architectures.” The new North American trade agreement approved by the US Senate on Thursday ensures that automakers will still be able to build pick-up trucks in Mexico without facing new punitive tariffs. — Reuters


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