A Corolla on the assembly line A Corolla on the assembly line at a plant in Mississippi. motortrend

Toyota to build new plant in Guanajuato

Factory will have capacity for 200,000 vehicles a year, and open in 2019

Toyota Motor Corp. will open a new assembly plant in the state of Guanajuato in 2019, the business publication Nikkei Asian Review reported today.

The plant will have a capacity of 200,000 vehicles a year and will operate around the clock, building a new version of the Corolla sedan. A Canadian factory that currently manufactures that model will make larger vehicles instead.

Toyota will also build a new factory in the city of Guangzhou, China, where it will build the Yaris subcompact, producing up to 100,000 cars a year.

The Asian Review reported that the new factories will require a 40% smaller investment to build: assembly line steps have been reduced and production equipment stripped down.

They will be able to retool for different models in just a few days, compared to nearly a month at older factories.

Total investment for the two plants will be US $1.25 billion.

The official announcement by Toyota is expected later this month. It will bring to an early end a freeze on building new plants that was implemented in 2013, the last year in which a new factory opened.

The company’s annual production capacity will rise to 11 million vehicles once the new plants are operating.

Toyota has a truck plant in Baja California where it produces the Tacoma. But the Tijuana facility is not a full assembly plant. The company is the only major auto maker without such a facility in Mexico.

Source: Nikkei Asian Review (en)

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