Toyota To Invest $3.6bn In Texas, Move Production From Mexico

Japanese auto giant Toyota said Tuesday it will shift production of its mid-size Tacoma pick-up truck from Mexico to the United States as part of a $3.6 billion investment in its Texas plant.

The announcement comes just days after Washington declined to renew a North American trade pact with Mexico, as well as Canada, fuelling uncertainty for businesses.

Toyota said in November it planned to…