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Toyota Plans to Move Production of GR Corolla to Britain
TMToyota(TM) ZACKS·2025-05-28 22:31

Toyota Motor Corporation (TM) is reportedly planning to shift some of its GR Corolla production to the United Kingdom. This move is aimed to take advantage of excess capacity in Britain and reduce delivery times in North America, where demand for the petrol-powered hot hatch remains strong.TM will spend around $56 million to set up a dedicated production line for North America’s exports in its Burnaston plant in Derbyshire. The U.K. plant witnessed a fall in production after the country separated from the E ...