Trump celebrates Toyota-Mazda decision to pick Alabama

Toyota and Mazda reveal Alabama project for $1.6 billion plant image

The new Huntsville plant will be just 14 miles from Toyota Motor Manufacturing of Alabama, which produces four-cylinder, V-6 and V-8 engines for several Toyota models.

If Wednesday afternoon's announcement wasn't official enough, it's now received the President Trump tweet stamp of approval.

After reassessing the market, Toyota Motor Corp. has changed its plan to make Corollas at a plant in Guanajuato, Mexico, now under construction, and instead will produce Tacoma pickups there, Toyota has said. Bevin also said he meant to go after the deal and beat the competition, WDRB reported.

A person briefed on the decision says Japanese automakers Toyota and Mazda have picked Alabama as the site of a new $1.6 billion joint-venture manufacturing plant.

"Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S".

Following Pres. Donald Trump's tariff-tough talk in 2016, Toyota was grilled by the then-President-Elect via Twitter about moving manufacturing jobs outside the USA, threatening crippling tariffs on automakers that didn't build new facilities in the states. USA new vehicle sales fell 2 percent in 2017, after hitting an all-time record high in 2016, and are expected to fall further in 2018. It has been reported the companies sought at least $1 billion in incentives.

US sales of small cars fell almost 10 percent previous year as buyers continued a massive shift toward SUVs and pickup trucks.

US President Donald Trump previous year tweeted criticism of Toyota for planning to build a factory in Mexico to distribute to the US market.

Toyota and Mazda announced plans for a new plant in August. Mazda plans to build new crossover SUVs at the plant. Rather, this victory is the culmination of decades of hard work and leadership offered by local, state and federal officials who have consistently worked together to make the Tennessee Valley a great place to live and work, a place that encourages companies like Polaris, Remington, and now Toyota and Mazda, to rank the Tennessee Valley #1 in America.

In October, Toyota said it would scale back investment in a planned plant in Mexico by 30 percent to $700 million and cut planned annual capacity in half to 100,000 vehicles as it shuffles its production plans to meet market demands.

Another factor is auto supplier jobs.

It's hard to predict auto sales in three years, but at present, Toyota may not need the factory for Corolla production. The Center for Automotive Research says Alabama is tied with Tennessee as the fifth-largest producer of vehicles in the country previous year, according to the Center for Automotive Research.

Governor Ivey, speaking at an event in Alabama's capital city, welcomed the automakers to the state and said she looks forward to a long-lasting relationship that will spark a ripple effect of other investment and employment through automotive suppliers.

"We have been reviewing the best production strategy for our business", he told reporters in Tokyo at the time.

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