Toyota to build new vehicle plant in Toyota City, Aichi
Automotive & TransportAichi
Toyota Motor Corporation has decided to acquire land in the Sadataka area of Toyota City, Aichi Prefecture, to establish a new vehicle factory, aiming to begin operations in the early 2030s. Which vehicles it will produce has not yet been determined. Toyota will proceed with the project in cooperation with Aichi Prefecture, Toyota City and local residents.
Toyota Kirloskar Motor plans a total investment of ¥128.9 billion in production equipment and related facilities at its Bangalore, India site. The disclosure does not specify the construction schedule or added production capacity.
Toyota Motor Europe plans to invest in production equipment at its Brussels, Belgium facility. The securities report lists a total planned investment of ¥107.5 billion, funded with the company's own funds; no construction schedule or capacity increase is disclosed.
Toyota Motor Manufacturing Canada plans to invest in production equipment and related assets at its Cambridge, Ontario facility. The disclosure reports a total planned investment of ¥70.8 billion, funded internally; no construction schedule or capacity increase is provided.
Toyota Motor Corporation plans to invest ¥850 billion in production equipment and related facilities at its operations in Toyota City, Aichi. The securities report does not specify the individual facilities, construction schedule, or added production capacity.
Toyota Motor Manufacturing Kentucky plans a ¥260.9 billion investment in production equipment at its Georgetown, Kentucky facility. The disclosure does not specify the equipment type, construction schedule, or additional production capacity.