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Toyota will leave Tijuana, but will invest $500 million in Mexico, says SE; company announces gradual transition
MX🏛️ PoliticsCenter18 hr. ago

Toyota will leave Tijuana, but will invest $500 million in Mexico, says SE; company announces gradual transition

The Mexican Secretary of Economy confirmed Toyota’s decision to move part of its Tacoma truck production from its Tijuana plant in Baja California to the U.S., but emphasized that the company will maintain operations in Guanajuato, where it generates 2,800 direct jobs. The government stated that Toyota has committed to investing over $500 million in Mexico and will announce further investment plans soon. While the relocation will begin gradually over four years and conclude by 2030, Toyota will continue operating its Guanajuato plant and expand its facilities in Texas by adding a second assembly line, doubling the size of the facility. The move is attributed to rising tariffs and operational costs, though Toyota maintains its long-term commitment to Mexico.

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El Universal logoEl UniversalIndependentCenter18 hr. ago
Toyota will leave Tijuana, but will invest $500 million in Mexico, says SE; company announces gradual transition

The Mexican Secretary of Economy confirmed Toyota’s decision to move part of its Tacoma truck production from its Tijuana plant in Baja California to the U.S., but emphasized that the company will maintain operations in Guanajuato, where it generates 2,800 direct jobs. The government stated that Toyota has committed to investing over $500 million in Mexico and will announce further investment plans soon. While the relocation will begin gradually over four years and conclude by 2030, Toyota will continue operating its Guanajuato plant and expand its facilities in Texas by adding a second assembly line, doubling the size of the facility. The move is attributed to rising tariffs and operational costs, though Toyota maintains its long-term commitment to Mexico.

Bias read (Center): The article presents information from both the Mexican government and Toyota, balancing the economic implications of the factory relocation with the company’s continued investment in Mexico. It does not overtly favor either side politically, nor does it emphasize one perspective over another. The ph

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