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Toyota to invest $1.34 billion in Argentina production plant

Sept 30 : Automaker Toyota Motor will invest $1.34 billion to develop a production plant in Argentina, Economy Minister Luis Caputo said on Wednesday.The plant will produce a fully electric vehicle, C

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Toyota to invest $1.34 billion in Argentina production plant

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Toyota to invest $1.34 billion in Argentina production plant
A man walks past the Toyota logo during a launch event in Mumbai, India, January 20, 2026. REUTERS/Francis Mascarenhas Image via CNA Business ↗

01 Oct 2026 04:01AM

Sept 30 : Automaker Toyota Motor will invest $1.34 billion to develop a production plant in Argentina, Economy Minister Luis Caputo said on Wednesday.

The plant will produce a fully electric vehicle, Caputo said, and is expected to generate $1.28 billion in annual exports and create over 2,600 jobs during its operational phase.

Source: Reuters

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