Toyota plans new plant in Ontario

Toyota is finalizing a plan to build its next North American plant in Woodstock, Ontario, to build small vehicles, the Asian Wall Street Journal said. In the wake of the Toyota-GM meeting that may or may not take place, news of a possible Corolla hybrid built at the NUMMI in California is a perfect opportunity for GM to use the hybrid system. The GM-Toyota joint venture in Cali also builds the Pontiac Vibe, which is built on the Corolla platform. Makes sense now? Toyota also reported record net profits for the last year.

By avant1963@cheersandgears.com
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Toyota is finalizing a plan to build its next North American plant in Woodstock, Ontario, to build small vehicles,
the Asian Wall Street Journal said. In the wake of the Toyota-GM meeting that may or may not take place, news of a
possible Corolla hybrid built at the NUMMI in California is a perfect opportunity for GM to use the hybrid system. The
GM-Toyota joint venture in Cali also builds the Pontiac Vibe, which is built on the Corolla platform. Makes sense now?
Toyota also reported

record net profits for the last year.