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Canada to Invest $34 Million in Toyota Plant to Build Lexus RX Hybrid

Despite the fact that the Canadian automotive industry is not what you`d call under-developed, the Americans' neighbours from the north do not currently build any hybrid vehicles.
Lexus RX450H 1 photo
However, that`s all about to change once the government of Canada invests its planned $34 million in the Toyota factory, located in Ontario, in order to expand it so that it can accommodate production of the Lexus RX hybrid, which we tested a while back.

The factory itself is located relatively close to Toronto (some 65 miles away, or 105 km), and it has been in operation since 1988, and it has built cars like the Corolla, Camry Solara. However, since 2004, the only model they have made is the RX SUV, yet they did not make it in its hybrid form.

Now though, with the planned investment, the factory will be expanded. Production will triple and it will be able to churn out some 104,000 vehicles per year, 15,000 of which will be hybrids. Furthermore, the plans expansion will also bring about the creation of 400 additional manufacturing jobs.

However, things will not end here, as Toyota announced last summer that they would be investing some $100 million in the Canadian plant (one of three operated by the Japanese automaker in Canada), so they still theoretically have $66 million left to invest.

Via autoblog.com


 
 
 
 
 

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