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A multi-year capex expansion with job creation and increased U.S. production capacity typically supports higher future volumes and long-term margins, though near-term benefits depend on the pace of the transfer and USMCA dynamics.
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Toyota Motor North America unveiled a $3.6 billion expansion of its San Antonio campus, adding a second assembly line for the Tacoma, Sequoia, and rear-axle operations. The plan will shift Tacoma production from Baja California to Texas over roughly four years, expanding capacity to meet strong North American demand and creating about 2,000 jobs.
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