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Toyota will gradually shift production from its Tijuana, Mexico, factory to a new plant in Texas by 2030, following uncertainty surrounding the future of the U.S.-Mexico-Canada Agreement.
Mexican officials say they are working with the automaker to minimize the impact on workers, while the company says the move is part of a broader global business review.
Analysts note Toyota will continue manufacturing in Mexico through its Guanajuato facility, and investment continues to flow into Tijuana’s electronics sector despite the changes. CGTN’s Alasdair Baverstock reports from Mexico City.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
Toyota will gradually shift production from its Tijuana, Mexico, factory to a new plant in Texas by 2030, following uncertainty surrounding the future of the U.S.-Mexico-Canada Agreement.
Mexican officials say they are working with the automaker to minimize the impact on workers, while the company says the move is part of a broader global business review.
Analysts note Toyota will continue manufacturing in Mexico through its Guanajuato facility, and investment continues to flow into Tijuana’s electronics sector despite the changes. CGTN’s Alasdair Baverstock reports from Mexico City.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.