PLANO, TX—Toyota will invest $383 million in four of its U.S. assembly plants to support the production of four-cylinder engines, including options for hybrid electric vehicles.
“Toyota customers want vehicles that are fuel-efficient and electrified,” says Norm Bafunno, senior vice president for unit manufacturing and engineering at Toyota. “These investments will allow us to meet customer needs and quickly respond to an evolving market. We are committed to investing in the U.S., and our teams are ready to take on this new challenge.”