Toyota Moves Tacoma Truck Production From Mexico to Texas

Toyota is shifting part of its Tacoma pickup production from its plant in Tijuana, Mexico, to Texas, ending more than 20 years of manufacturing the truck in Baja California. The move involves a $3.6 billion investment. The decision comes as Toyota investors express doubt about the company's 20% return-on-equity target. Separately, Nubank will invest $4.2 billion in Mexico, according to President Claudia Sheinbaum.