Toyota to Build $3.6 Billion Texas Plant, Move Tacoma Production from Mexico

Toyota plans to build a $3.6 billion plant in Texas and move some of its Tacoma pickup truck production there from Mexico. The move is part of a U.S. expansion plan. In other news, Suzuki topped Japan's first-half imported car registrations for the first time, while Toyota led June's monthly registrations. Toyota and Honda saw their China sales drop in the first half as buyers shifted to electric vehicles. Toyota and Daimler Truck also sold a stake in truck maker Archion.