suggests that we can expect another
assembly plant in North America sooner than later. Toyota, which already has five North American assembly plants with two more under construction, will run out of capacity soon after 2010, about the time when Steve Sturm, VP of North American planning for Toyota Motor Sales U.S.A., predicts that 64 million new Gen-Y car buyers will ignite a
In 2005, Toyota's North American sales were over 2.4 million (having more than doubled in ten years), with nearly two-thirds of those vehicles manufactured in North America.
One likely possibility is a
plant in Mexico, as budget cars will probably bear the brunt of any Gen-Y buying boom, and the Yaris is sold in
, the U.S. and Mexico. Currently, the Yaris is imported from Japan.
[Source: Automotive News]