The Toyota Camry has continued to see high sales despite growing American interest in crossovers, trucks, and SUVs. That’s resulted in the automaker going ahead with a major investment to make the popular midsize sedan even better in the near future. The Toyota Kentucky Plant is the subject of a massive $1.33 billion investment that will support the American-made car.
The Toyota Kentucky Plant, better known as Toyota Motor Manufacturing, Kentucky, Inc., produces engines and assembles Toyota vehicles. It will kick off with updates that aim to both modernize and streamline the production facility.
The $1.33 billion investment is the largest of any automaker in the state of Kentucky. The production facility will continue to produce the Toyota Camry and marks the Japanese brand’s foray into solidifying its relationship with American drivers.
Toyota has invested a whopping $60 billion in the United States in the past 60 years. The most recent investment makes up a major portion of the automaker’s plan to invest another $10 billion by 2022.
We at Capital Toyota are happy to see an incredible automaker making such a major investment in the United States and future vehicles!