Toyota to invest $1.34 billion in Argentina production plant
30/09/2026 20:43
Toyota to invest $1.34 billion in Argentina production plant Sept 30 (Reuters) - Automaker Toyota Motor 7203.T will invest $1.34 billion to develop a production plant in Argentina, Economy Minister Luis Caputo said on Wednesday.
The plant will produce a fully electric vehicle, Caputo said, and is expected to generate $1.28 billion in annual exports and create over 2,600 jobs during its operational phase.
(Reporting by Iñigo Alexander, Editing by Natalia Siniawski)
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