Toyota likely to build two more plants in North America

TOKYO: Toyota Motor Corp will likely build two more assembly plants in North America by the end of the decade as part of a strategy to capture a larger share of the world’s biggest auto market, the Wall Street Journal reported. 

The Japanese company, already the world’s most profitable auto maker and vying to become the biggest, plans to announce the site of its seventh assembly plant in North America by the end of the year, according to the report.