Toyota has announced it will build a new vehicle manufacturing plant in Japan on land it plans to acquire in the Teihoucho area of Toyota City, which is found in the Aichi Prefecture. According to Reuters, the last assembly plant Toyota built in Japan was in 2012.
In an official release, the company said operations at the new plant are planned to start in the early 2030s, adding that models to be produced there will only be determined in the future. It also pointed out that it intends to maintain production capacity at three million vehicles in Japan alone.
The announcement comes alongside its financial results for the April-to-June quarter, which is the first quarter of the company’s financial year 2026 (April 1, 2025 through March 31, 2026).
In Q1 FY2026, Toyota delivered a total of 2.829 million vehicles, which is 7.3% more than the 2.636 million units recorded in Q1 FY2025 (April 1, 2024 through March 31, 2025). Despite this, the company is forecasting total sales in FY2026 to hit 11.2 million units, identical to FY2025.
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I won’t get excited until Toyota take toyota malaysia away from umw
Toyota trying to fill gaps opening from Nissan closure ? here we can see clearly how automotive brand competes. competition is not merely the vehicle company but the whole supply chain. it is always located within an area close to its supply chain. nissan’s plant facing closure is never considered an option here since it belongs to a different supply chain. rarely automotive company engages different supply chain instead focused on development of it’s own… well proton have you learnt your lesson ?