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yortsed snacilbuper

(7,939 posts) Sat Jan 18, 2020, 02:15 AM Jan 2020

Toyota to move Tacoma truck production from US to Mexico

Toyota Motor said Friday it will move production of its midsize Tacoma pickup 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 pickup trucks in the United States, up 1.3%.

link

thanks trump

4 replies

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Toyota to move Tacoma truck production from US to Mexico (Original Post) yortsed snacilbuper Jan 2020 OP

USMCA??? - n/t lapfog_1 Jan 2020 #1

If the workers belonged to the UAW, they'd have a lot to say about the move demosincebirth Jan 2020 #2

The new North American trade agreement...... KY_EnviroGuy Jan 2020 #3

And will the price drop to reflect cost savings? Highly unlikely. BSdetect Jan 2020 #4

lapfog_1

(29,219 posts)

1. USMCA??? - n/t

Reply to yortsed snacilbuper (Original post)

Sat Jan 18, 2020, 02:40 AM

Jan 2020

demosincebirth

(12,542 posts)

2. If the workers belonged to the UAW, they'd have a lot to say about the move

Reply to yortsed snacilbuper (Original post)

Sat Jan 18, 2020, 04:07 AM

Jan 2020

KY_EnviroGuy

(14,494 posts)

3. The new North American trade agreement......

Reply to yortsed snacilbuper (Original post)

Sat Jan 18, 2020, 06:53 AM

Jan 2020

(from the article)

The new North American trade agreement approved by the U.S. Senate on Thursday ensures that automakers will still be able to build pickup trucks in Mexico without facing new punitive tariffs.
+++
Toyota said Friday it completed a $1.3 billion modernization investment in its Indiana operations to add 550 jobs. Toyota said there would be no reduction to direct jobs at any of Toyota’s facilities across North America as a result of the vehicle moves.

I smell corporate bullshit but it appears Toyota is simply continuing on with it's long-term realignment plans.....

Toyota shuffles model lineup at U.S. factories

See: https://www.autonews.com/manufacturing/toyota-shuffles-model-lineup-us-factories

(snip)

The initiative reflects Toyota's step-by-step move away from plans that were enacted in the dire days of the Great Recession when it needed to keep plants operating and avoid layoffs.

With the new plan, Toyota is taking the gloves off to produce vehicles in pockets of manufacturing efficiency.

Mexican auto suppliers eye fast lane after U.S. backs trade deal

Link: https://www.autonews.com/suppliers/mexican-auto-suppliers-eye-fast-lane-after-us-backs-trade-deal

(snips)

Over a period of years, automakers must gradually raise local content to 75 percent of a car's value from 62.5 percent under NAFTA. During the transition to more regional parts production, automakers face the challenge of reorganizing supply lines.

Auto parts industry association INA pointed to news that three Chinese automakers were considering a move to Mexico as evidence of the lift USMCA should give.

From what I've read, tRump's NAFTA-B will simply raise product prices in America and make a lot of folks in Mexico very happy. Obviously, Trump will promote this as the greatest deal since atoms made a deal with the Sun to form planet Earth.

KY............

BSdetect

(8,998 posts)

4. And will the price drop to reflect cost savings? Highly unlikely.

Reply to yortsed snacilbuper (Original post)

Sat Jan 18, 2020, 07:50 AM

Jan 2020

Hope the workers there get a union going if they don't have one already.

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