Toyota Motor Corp. said Friday it plans to build pickup trucks and possibly SUVs at a new plant in Mexico, a move that follows threats by U.S. President Donald Trump to penalize the company if it builds small cars south of the border.
Toyota initially planned to produce Corolla sedans at the plant it is building in the central state of Guanajuato but will now shift production of the small cars and a new Mazda SUV crossover to a new assembly plant planned for the United States.
Trump threatened in January to impose a hefty fee on the world's largest automaker if it built Corollas for the U.S. market in Mexico.