Drooid Logo
Back to today’s briefing

Story perspectives

Toyota Expands U.S. Production Amid Tariff Pressures

9/15/2025

22 4

1 of 1

Story summary
  • Toyota will boost U.S. vehicle production by building two new electric SUVs in Georgetown, Kentucky, based on the RAV4 and Land Cruiser with three rows of seating.
  • This move aims to mitigate costs from President Trump's 25% tariff on foreign-made cars.
  • Other automakers, including GM and Honda, are also shifting production to the U.S. due to rising costs.
  • The average price of new vehicles has increased, with consumers spending over $49,000 last month.
  • Tariffs are likely to raise auto costs, affecting both new and used car markets.