Toyota to invest $3.6 bil. in Texas plant, move some production from Mexico

NEW YORK - Toyota Motor Corp. will spend $3.6 billion to add a new car assembly line to its San Antonio plant in the U.S. state of Texas, as part of efforts to mitigate the impact of duties imposed on autos from Mexico.

The investment will transfer some production of its popular Tacoma pickup truck from its facilities south of the U.S. border. The plant's second assembly line is expected to start operations in 2030, the Japanese carmaker said Monday.