Toyota to invest 40m in Derbyshire plant to build GR Corolla for US market
Briefly

Toyota is set to invest £40 million in its Burnaston plant to manufacture the high-performance GR Corolla, primarily for export to the United States. This decision capitalizes on favorable trade tariffs that favor UK production over Japanese imports. The new assembly line could produce up to 10,000 vehicles annually, invigorating a facility currently functioning below capacity. Despite potential job creation and an increase in export volumes, the GR Corolla's focus on performance over eco-friendliness raises concerns about alignment with the UK's green energy goals.
Toyota’s planned £40 million investment in the Burnaston plant aims to produce the high-performance GR Corolla for US export, leveraging favorable UK-US trade tariffs.
The Burnaston facility has been underperforming, with production significantly below capacity. Introducing the GR Corolla might revitalize the plant and address US market demand.
Read at Business Matters
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