Urgent: Toyota to Close Factory in Indaiatuba (SP) and Transfer Corolla Production to Sorocaba

Written by Roberta Souza

Published on 06/03/2024 at 21:51

Foto: Tada Images/Shutterstock

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The Announcement From Toyota Came During an Event and the Decision Was Made in Light of a R$ 11 Billion Investment From the Automaker, Understand

Toyota announced during an event that it will invest R$ 11 billion by 2030 in Brazil, and part of this investment includes the transfer of Corolla production from Indaiatuba (SP) to Sorocaba (SP). The change will be gradual, starting in 2025 and is expected to be completed by the end of 2026. The Indaiatuba plant, which currently only produces the Corolla sedan, will be shut down, according to the Motor1 UOL website.

Expansion of Production Capacity and Creation of New Jobs With the Investment

The transfer of Corolla production to Sorocaba is part of a larger plan by Toyota to expand its production capacity in the country with the new investment. The company will build new facilities in Sorocaba to accommodate medium sedan production, which will result in the retention of 100% of existing jobs and the creation of 500 new positions at the plant. Hiring will begin in mid-2026 and by 2030 it is expected to reach 2,000 new direct jobs.

Reasons Behind the Decision and the Investment

The decision to transfer Corolla production to Sorocaba is not surprising, since Indaiatuba only produces the Corolla sedan, whose sales volume does not justify a dedicated factory. Furthermore, Sorocaba already produces the Corolla Cross and the Yaris line, sharing the same platform and components. Investments to modernize Sorocaba make the factory more suited for Corolla production.

ARTICLE CONTINUES BELOW

New Projects and Future Perspectives of Toyota

In addition to the transfer of the Corolla, Toyota also plans to add the Yaris Cross to its production line in Sorocaba by the end of 2024. The company is also working on a project to launch a pickup below the Hilux to compete with the Fiat Toro. These projects and investments are part of Toyota’s strategy to strengthen its presence in the Brazilian market and expand its vehicle offerings.

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Urgent: Toyota to Close Factory in Indaiatuba (SP) and Transfer Corolla Production to Sorocaba

The Announcement From Toyota Came During an Event and the Decision Was Made in Light of a R$ 11 Billion Investment From the Automaker, Understand

Expansion of Production Capacity and Creation of New Jobs With the Investment

Reasons Behind the Decision and the Investment

New Projects and Future Perspectives of Toyota

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Urgent: Toyota to Close Factory in Indaiatuba (SP) and Transfer Corolla Production to Sorocaba

The Announcement From Toyota Came During an Event and the Decision Was Made in Light of a R$ 11 Billion Investment From the Automaker, Understand

Expansion of Production Capacity and Creation of New Jobs With the Investment

Reasons Behind the Decision and the Investment

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Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

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