toyota to invest 10bn in us over 5 years
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Toyota to Invest $10bn in US over 5 Years

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Arab Today, arab today Toyota to Invest $10bn in US over 5 Years

Toyota Motor Corp
Tokyo - QNA

Toyota Motor Corp. will spend $10 billion in US capital investments over the next five years, President Akio Toyoda announced.

    Toyoda made the announcement during a news conference at the North American International Auto Show in Detroit as the Japanese auto giant unveiled its redesigned 2018 Camry model.

    "The Camry has been one of the reasons why we've invested $22 billion in the US over the last 60 years and why we will invest another 10 billion here in just the next five years alone," he said. "We are deeply grateful for the millions of customers who made Camry the number one best-selling car in America for the last 15 years," Toyoda said.

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