Toyota hints at production increase
Posted Feb 17, 2012 05:10:00 AM.
This article is more than 5 years old.
Some encouraging signs for Toyota workers in Cambridge and Woodstock.
Yoshimi Inaba, President of the automaker’s North American division, says the company is considering producing its Prius hybrid models in North America and boosting production of the Lexus in Canada.
This morning’s Globe and Mail points out, this is the second time in recent months a high ranking Toyota executive has hinted the company is eying increased production in North America.
Late last year, Atsushi Niimi, the company’s Executive Vice-President made similar suggestions.
Industry experts say expanded Lexus production in Canada would make sense, but as far as the Prius hybrid is concerned, they say it’s more likely Toyota would go with a U.S. plant.
