TOKYO (Reuters) -Toyota Motor will consolidate production of its luxury Lexus brand cars in the United States into a single location from two in the face of high tariffs imposed by the Trump administration, the Nikkei reported on Tuesday. The report said the move is aimed at strengthening U.S. production of petrol-electric hybrid vehicles while […]
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Toyota to consolidate Lexus production sites in US, Nikkei says
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TOKYO (Reuters) -Toyota Motor will consolidate production of its luxury Lexus brand cars in the United States into a single location from two in the face of high tariffs imposed by the Trump administration, the Nikkei reported on Tuesday.
The report said the move is aimed at strengthening U.S. production of petrol-electric hybrid vehicles while shifting some production of high-end Lexus cars to Japan.
Toyota currently makes Lexus ES sedans at a plant in the state of Kentucky and Lexus TX sport utility vehicles at a site in Indiana.
After the consolidation, Toyota will end production of Lexus cars at the Kentucky plant, according to Nikkei.
A Toyota spokesperson was not immediately available to comment on the report.
(Reporting by Mariko Katsumura and Daniel Leussink; Editing by Kirsten Donovan)