Toyota talks about plans to release a new crossover

Toyota talks about plans to release a new crossover

July 11, 2019 0 By autotimesnews

The company reported very little about the car, but already named the place of its production and indirectly set the date for entering the market. The model will be assembled in the United States, but this does not automatically mean that it will not appear on the world market.

Toyota Motor said it would launch a new crossover after the plant was commissioned in Huntsville (Alabama). This enterprise is built jointly by Toyota and Mazda, it will be commissioned in 2021. The capacity of the enterprise will be 300,000 cars per year, it will be equally divided between the two Japanese automakers.

Initially, it was assumed that Toyota will collect Corolla at this plant. Nevertheless, the company acknowledged that “the rapidly changing market conditions, accompanied by the rapid growth in demand for crossovers and SUVs, encourage it to change its earlier decision.” Corolla production for the local market will continue at the plant in Blue Springs, (Mississippi).

Toyota’s decision looks logical: in 2016, the USA sold 360,483 Corolla, and in the past only 280,886. The fall was more than obvious, therefore the company considered it inappropriate to increase the output of this sedan at the moment.

What kind of new products will be produced at a plant under construction is not known for certain. Earlier, the company spoke of the intention to create a serial version of the FT-4X concept, shown in 2017 at the New York Auto Show, but there is no official comment on this matter in the light of announced plans.

The company’s capacities will allow the company to direct the cars produced here to the world market, but this will be possible only at a competitive price. Details about the new product can be expected later this year, and the start of production – no later than 2022.