Jan 10, 2018
Toyota and Mazda pick Alabama for $1.6bn US investment - reports
Japanese auto giants Toyota and Mazda have picked Alabama to build their new $1.6bn US factory, according to several reports. When contacted by the BBC, Toyota refused to confirm that Alabama had been selected, saying an announcement would be made "In early 2018". US media was widely reporting a formal announcement would be made on Wednesday. The auto industry is one area where President Trump has been pressuring overseas companies to do even more manufacturing in the US. Last year he said Toyota would face hefty tariffs on cars built in Mexico for the US market if they were made south of the border. Research conducted by the BBC in November last year found that approximately 53% of cars sold in the US by the top six Japanese carmakers were made there.
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