Toyota says to delay start of Mexico plant to early 2020

8/9/2017 Reuters

14741555637_d97cc35c2c_o (1)Toyota Motor Corp will push back the start of operations at its scheduled new plant in Mexico, to the first half of 2020 from the initial plan of 2019, the company said on Thursday.

Japan’s top automaker had initially planned to start building the Corolla sedan at the $1 billion Guanajuato plant but said last week it would switch production to a new U.S. factory to be built with Mazda Motor Corp.

Toyota said the delay was necessary to adjust its supply chain in Mexico to produce the truck-based Tacoma pickup model instead of the Corolla compact car. That factory could also build sport utility vehicles, a Toyota spokesman in Mexico said last week.

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