President Claudia Sheinbaum announced a new investment of over 500 million dollars in the automotive sector to be revealed in the coming days. This follows Toyota's announcement to move part of Tacoma production from Tijuana.
The Ministry of Economy confirmed that Toyota will gradually transfer part of Tacoma production from its Tijuana plant to San Antonio, Texas, a process to conclude in 2030. The Guanajuato plant will remain operational and generate 2,800 direct jobs.
Sheinbaum read a statement detailing presidential efforts to attract the new investment from another automaker. She reiterated that Toyota's Tijuana plant will continue operating and that the move responds to global restructuring, not T-MEC review.
President Donald Trump attributed the change to tariffs on his Truth Social network. Toyota will invest 3,600 million dollars in San Antonio to build a second production line and create 2,000 jobs by 2030.
