TSLA448.45015.0002%
GM76.110-0.33%
F13.5951.605%
RIVN14.4500.5%
CYD50.3501.83%
HMC24.4610.3507%
TM187.4205.75%
CVNA70.400-3.32%
PAG166.570-2.46%
LAD273.850-1.45%
AN192.495-2.865%
GPI331.080-5.06%
ABG194.0300.35%
SAH76.920-1.66%
TSLA448.45015.0002%
GM76.110-0.33%
F13.5951.605%
RIVN14.4500.5%
CYD50.3501.83%
HMC24.4610.3507%
TM187.4205.75%
CVNA70.400-3.32%
PAG166.570-2.46%
LAD273.850-1.45%
AN192.495-2.865%
GPI331.080-5.06%
ABG194.0300.35%
SAH76.920-1.66%
TSLA448.45015.0002%
GM76.110-0.33%
F13.5951.605%
RIVN14.4500.5%
CYD50.3501.83%
HMC24.4610.3507%
TM187.4205.75%
CVNA70.400-3.32%
PAG166.570-2.46%
LAD273.850-1.45%
AN192.495-2.865%
GPI331.080-5.06%
ABG194.0300.35%
SAH76.920-1.66%

Toyota to invest $1B in Kentucky, Indiana plants 

The Automaker allocates $800 million to Kentucky and $200 million to Indiana as part of a broader $10 billion U.S. investment plan.

Toyota invest in plants

On the Dash:

  • Toyota is investing $1 billion across Kentucky and Indiana to expand EV and SUV production capacity.
  • $800 million will support EV development and Camry and RAV4 output, while $200 million boosts Grand Highlander production.
  • The investment aligns with Toyota’s broader $10 billion U.S. commitment and its continued hybrid strategy.

Toyota will invest $1 billion in its manufacturing operations in Kentucky and Indiana as part of its pledge to invest up to $10 billion in the United States.

The company said $800 million will be allocated to its Kentucky plant to prepare for the production of its second battery-electric vehicle and to increase capacity for the Camry and RAV4 assembly lines.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

An additional $200 million will be invested in two Indiana plants to expand production capacity for the Grand Highlander sport-utility vehicle.

Toyota said the investment reflects its long-term U.S. strategy. The company has committed up to $10 billion in domestic manufacturing investments over the next five years, including a previously announced $912 million to boost hybrid vehicle production.

The automaker is also developing a $14 billion battery plant in North Carolina as it expands its electrified vehicle lineup.

Toyota remains the world’s top-selling automaker, delivering a record 11.3 million vehicles in 2025. U.S. tariffs have disrupted the industry, but the company’s exports from Japan to the United States rose 14% to 615,000 vehicles in 2025.

Separately, Toyota and the Toyota USA Foundation committed $4 million to the Driving Possibilities STEM education initiative and $400,000 to Eastern Kentucky University’s manufacturing engineering program.

More from Industry News
Stellantis bets big on partnerships to power comeback

Stellantis bets big on partnerships to power comeback

- May 12, 2026
On the Dash: Stellantis CEO Antonio Filosa says partnerships will be a core part of the company's long-term strategy. Last week, Stellantis announced a new distribution partnership with Chinese EV...
Lawmakers seek permanent ban on Chinese automakers in U.S.

Lawmakers seek permanent ban on Chinese automakers in U.S.

- May 12, 2026
On the Dash: Washington’s bipartisan stance against Chinese automakers continues to strengthen, signaling long-term trade restrictions. Dealers could see continued protection from low-cost Chinese vehicle competition in the U.S. market. ...
GM cuts hundreds of IT jobs as automaker reshapes workforce strategy

GM cuts hundreds of IT jobs as automaker reshapes workforce strategy

- May 12, 2026
On the Dash: GM continues prioritizing AI and software capabilities even as it reduces traditional salaried positions. Workforce restructuring signals ongoing pressure for automakers to balance cost controls with technology...
Fires at aluminum supplier Novelis cut Ford F-150 inventory nearly 25%, pushing prices higher and leaving dealers with fewer trucks on the lot.

Ford dealers face F-150 shortage following fires at aluminum supplier

- May 11, 2026
On the Dash: F-150 inventory is down 23.6% since October, according to data from Cars.com. Multiple fires at aluminum supplier Novelis are blamed for the shortage. Dealers can expect tighter...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.