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Toyota to move Corolla production to Mexico to cut costs: Globe and Mail

2015-04-15 11:23:38| Automakers - Topix.net

Toyota Motor Corp , the world's biggest automaker, plans to move production of its Corolla compact cars to a new factory in Mexico from Canada to benefit from lower costs, the Globe and Mail reported, citing sources familiar with the situation. Costs at Toyota's assembly plants at Cambridge and Woodstock in Ontario are higher than at its U.S. factories and it makes sense to produce the more expensive vehicles in Canada, the newspaper quoted sources familiar with the matter as saying.

Tags: mail costs production move

Toyota set to approve $1 billion Corolla plant in Mexico within weeks

2015-03-22 14:43:49| Automakers - Topix.net

Toyota Motor Corp. is finalizing plans for its first car plant in Mexico, which could be approved by its board as early as next month, according to three people with knowledge of the matter. The plant would make the popular Corolla compact sedan and begin production in 2019.

Tags: set within weeks mexico

Previous Corolla to return, for R175K

2014-04-23 19:30:26| Auto Dealers - Topix.net

Toyota's previous-generation Corolla, which was replaced by an all-new model earlier this year, is set to rise from the dead to offer South Africans a more affordable entry into the C-segment.

Tags: return previous corolla