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Toyota announces 1,400 jobs, new SUVs for Indiana plant
CNN
Toyota is planning to offer a new, large SUV with three rows of seats, and will add 1,400 jobs to an Indiana plant in order to build it.
The still-unnamed vehicle will have both a Toyota version and a Lexus version, the company said. The announcement of the plans, the new jobs and an $800 million investment at the Princeton, Indiana, factory was made Wednesday. Specifics about how the SUV will be powered were not given, but the company said it would be "electrified." That could mean it will be a pure battery-electric vehicle, a plug-in hybrid that gets some of its power from being charged through electricity or a traditional hybrid that generates the electric power it uses while being powered by gasoline.More Related News