Toyota and other automakers are shifting focus to meet consumers
OTTAWA: Toyota Motor Corp is investing C$1.4bil (US$1.1bil) in its Canadian operations to build traditional and hybrid RAV4 sport utility vehicles, banking on the nation’s manufacturing sector amid a cloud of uncertainty from Nafta talks.
The Japanese automaker’s Canadian unit made the announcement Friday afternoon at its plant in Cambridge, Ontario, alongside Prime Minister Justin Trudeau and Ontario Premier Kathleen Wynne. The expansion there and in nearby Woodstock will create 450 jobs, supported by C$110mil each from the federal and provincial governments. The two Toyota plants west of Toronto now employ about 8,000 people and made more than 600,000 vehicles last year.
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