Toyota is investing $3.6 billion to expand its San Antonio, Texas, facility, adding 150,000 vehicles of annual production capacity. The company is weighing additional vehicle production at the plant and plans to transfer Tacoma production from Mexico to the United States by 2030. The information was published Nov. 6, 2026.
What it means
The San Antonio expansion adds annual capacity for 150,000 units. Toyota CFO Yoichi Miyazaki cited “the flexibility of body-on-frame production” in discussing the company’s production considerations.
Toyota plans to shift Tacoma production from Mexico to the United States by 2030. The company projected $7 billion in tariff costs for its fiscal year and reported a $121 million North America deficit for its most recent quarter.
Key facts
- Toyota is investing $3.6 billion in its San Antonio, Texas, facility.
- The expansion adds 150,000 units of annual capacity.
- Toyota plans to move Tacoma production from Mexico to the United States by 2030.
- Toyota projected $7 billion in tariff costs for the fiscal year.
- Toyota reported a $121 million North America deficit for its most recent quarter.
- Mark Templin will become CEO of Toyota Motor North America on Jan. 1, 2027.
Source: Publication dated November 6, 2026