TSLA391.39027.19001%
GM78.175-1.285%
F12.595-0.115%
RIVN16.2050.215%
CYD42.3450.1851%
HMC24.2500.09%
TM212.6501.09999%
CVNA375.5951.38502%
PAG156.415-0.855%
LAD278.380-3.4%
AN197.950-2.05%
GPI336.395-1.58501%
ABG202.830-3.74%
SAH67.160-1.07%
TSLA391.39027.19001%
GM78.175-1.285%
F12.595-0.115%
RIVN16.2050.215%
CYD42.3450.1851%
HMC24.2500.09%
TM212.6501.09999%
CVNA375.5951.38502%
PAG156.415-0.855%
LAD278.380-3.4%
AN197.950-2.05%
GPI336.395-1.58501%
ABG202.830-3.74%
SAH67.160-1.07%
TSLA391.39027.19001%
GM78.175-1.285%
F12.595-0.115%
RIVN16.2050.215%
CYD42.3450.1851%
HMC24.2500.09%
TM212.6501.09999%
CVNA375.5951.38502%
PAG156.415-0.855%
LAD278.380-3.4%
AN197.950-2.05%
GPI336.395-1.58501%
ABG202.830-3.74%
SAH67.160-1.07%

Toyota to invest $912 million in U.S. plants to boost hybrid production

The investments aim to expand hybrid vehicle output, create 252 American jobs, and strengthen domestic manufacturing. 
Toyota, investment

Chairman Akio Toyoda

On the Dash:

  • Toyota is investing $912 million across five U.S. states to expand hybrid vehicle production as part of a $10B domestic plan by 2030.
  • The investments are expected to create 252 new jobs and increase the output of hybrid engines and Corolla hybrid models.
  • The moves reinforce Toyota’s “build where we sell” philosophy, emphasizing domestic manufacturing amid regulatory shifts and tariffs.

Toyota Motor on Tuesday announced plans to invest $912 million in U.S. manufacturing plants across five Southern states, part of a broader $10 billion domestic investment plan through 2030. The funding will primarily support production of hybrid vehicles, where Toyota holds more than a 51% market share through the third quarter of 2025, according to Motor Intelligence.

The largest allocation, $453 million, will go to Toyota’s Buffalo, West Virginia, plant to expand assembly of four-cylinder hybrid-compatible engines. Additional investments include $204.4 million in Georgetown, Kentucky, for four-cylinder hybrid engines and $125 million in Blue Springs, Mississippi, to expand Corolla production to include hybrid models. Most of the projects are expected to be completed by 2027, creating 252 new jobs.

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

The announcement follows confirmation of a $10 billion investment plan promoted last month by President Donald Trump, aimed at expanding Toyota’s domestic operations over the next five years.

Notably, Toyota Chairman Akio Toyoda drew attention earlier this month at a racing event at Japan’s Fuji Speedway, reportedly wearing a “Make America Great Again” hat and T-shirt featuring Trump and Vice President JD Vance. During the event, Toyoda hosted U.S. Ambassador George Glass and addressed questions about tariffs, saying he was not there to debate whether they were good or bad, but emphasized that national leaders naturally try to protect their own auto industries. He added that Toyota is seeking tariff strategies that benefit all parties, especially customers.

By focusing on hybrid vehicles, Toyota aims to meet growing consumer demand while supporting American jobs.

Read More
More from Articles
Swickard Auto Group and Reynolds and Reynolds expand partnership with AI-powered curator and engagement solutions

Swickard Auto Group and Reynolds and Reynolds expand partnership with AI-powered curator and engagement solutions

- April 15, 2026
DAYTON, Ohio / LAS VEGAS, Nev. – April 14, 2026 – Reynolds and Reynolds and Swickard Auto Group today announced an expanded partnership to deploy advanced artificial intelligence tools designed to improve customer...
Slate Raises $650 Million in Series C Round

Slate raises $650 million in series C round

- April 15, 2026
TROY, Miss., April 13, 2026 /PRNewswire/ -- Slate Auto has closed its $650 million Series C round. Slate possesses the operating capital to reach the next stage of development, thanks to visionary investors dedicated...
Purdy Group USA expands in Bryan, Texas

Purdy Group USA expands in Bryan, Texas with acquisition of Douglass Mazda and Volkswagen

- April 15, 2026
Purdy Group USA has bolstered its presence in the Bryan-College Station market with the acquisition of Douglass Mazda and Douglass Volkswagen, both located in Bryan, Texas. The deal grows the...
Tariff refund applications open as dealers and importers seek relief under CAPE program

Tariff refund applications open as dealers and importers seek relief under CAPE program

- April 15, 2026
On the Dash: Tariff refunds could improve short-term cash flow and help offset prior cost increases. Dealers should evaluate eligibility tied to imported inventory and parts exposure. Ongoing trade policy...
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.