Filed under: Budget, Sedan, Plants/Manufacturing, Toyota
Toyota has announced plans to export the American-made Corolla south, to 18 countries in Latin America and the Caribbean by 2014. The move follows statements made to The Wall Street Journal by Toyota’s South American leader, Steve St. Angelo, that spoke to Toyota’s resolve in emerging American markets.
Toyota is expected to begin export production in April, with initial production of 7,500 Corollas in the first year, courtesy of its Tupelo, Mississippi assembly plant. Years of unpredictable swings in the value of the Japanese yen has seen Toyota push its manufacturing operations in other countries, particularly the US, where its builds ten different models.
Scroll down to read the full press release from Toyota.
Continue reading US-built Corollas will soon be exported to Latin America, Caribbean
US-built Corollas will soon be exported to Latin America, Caribbean originally appeared on Autoblog on Sun, 29 Sep 2013 11:05:00 EST. Please see our terms for use of feeds.
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