Toyota has announced a plan to spend $1 billion on increasing production capacity at a pair of U.S. plants, as part of a larger rollout of $10 billion in domestic investments over the next five years.

According to a March 23 release from the company, $800 million will go toward increasing capacity for Toyota's Camry and RAV4 lines at a plant in Kentucky. The remaining $200 million will be used to increase capacity for the Grand Highlander SUV at a plant in Indiana. Toyota also announced an additional $4 million in grant funding for Kentucky, which will go toward STEM learning resources at local schools, as well as $400,000 for Eastern Kentucky University's manufacturing engineering program.

“Toyota’s investment in the U.S. is for the long-term, tied to our philosophy of building where we sell and buying where we build," said Toyota Motor North America COO Mark Templin. 

In August 2025, Toyota said that it expected to take a $9.5 billion hit from President Donald Trump's tariffs on foreign cars. Three months later, it unveiled its plan to invest $10 billion in U.S. manufacturing in November 2025, alongside the opening of a new battery manufacturing facility in North Carolina. At the time, the company touted the North Carolina plant as its first in-house battery facility located outside of Japan.