[Toyota Motor plans to open new factory in Brazil in November]

Published: May 31, 2026 20:56

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Toyota Motor announced on May 29 that it plans to open its second factory in Brazil in early November in the city of Sorocaba, São Paulo state, which will become Toyota's main industrial hub in the country. The new factory is part of Toyota's previously announced plan to invest 11 billion Brazilian reais (approximately $2.18 billion) by 2030.

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