Toyota Motor is moving production of its popular Tacoma midsize truck from a plant in Mexico to San Antonio as part of a $3.6 billion investment in the Texas facility.
The Japanese carmaker will build a second production line in San Antonio, where it currently makes full-size pickups and SUVs, and add some 2,000 new jobs by 2030, it said Monday.
The shift, following Toyota¡¯s pledge last year to spend $10 billion on its U.S. manufacturing operations over the next decade, comes as talks between the U.S. and Mexico to renew a North American free trade agreement have stalled. U.S. President Donald Trump, who has pressed Toyota to invest more in the U.S., let a July 1 deadline pass without a trade pact extension.
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