GM, Toyota to boost N. American capacity
Jan 17, 2013 | 02:41 PM
| Corinna Petry
Tags
General Motors,
Toyota Motor Sales,
manufacturing capacity,
Mark Reuss,
James Lentz,
U.S. sales,
Automotive News World Conference,
Deutsche Bank Access Global Auto Industry Conference
Corinna Petry
CHICAGO Executives at General Motors Co. and Toyota Motor Sales USA have outlined plans to boost North American manufacturing capacity, citing the growing driving-age population, the aging fleet of vehicles on the road, an increase in Hispanics buying power and customers ready access to loans as solid drivers for auto sales.
Detroit-based GM has launched facility investment in the region of more than $10.2 billion since July 2009, North America president Mark Reuss said Jan. 16 at the Automotive News World Congress.....
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