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GM and Toyota Invest Over $1 Billion in U.S. Hybrids

11/23/2025

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Story summary
  • General Motors (GM) and Toyota announced over $1 billion in U.S. investments for hybrids.
  • General Motors will invest $250 million in Parma Metal Center, boosting sheet metal stamping for plants in Kansas, Michigan, and Tennessee.
  • Toyota's $912 million investment will create 252 jobs across five states, including Kentucky and Tennessee, to boost hybrid capacity.
  • Toyota aims to invest $10 billion in U.S. manufacturing over five years amid rising hybrid demand.