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On 4 August 2021, Toyota announced that it would end production of the Avalon in the US after the 2022 model year as the market shifts towards SUVs and electrification. [71] The Avalon will be replaced by the S235 Crown crossover , marking the return of the Crown nameplate in North America after a 50-year absence.
Salvador Caetano - Toyota Caetano Portugal Plant, Ovar - Inaugurated in 1971, it was the first Toyota’s assembly plant in Europe. [32] Dyna, Land Cruiser (J70) [33] Caetano City Gold/Toyota Sora - low-floor, single-decker bus. The buses with hydrogen fuel cell and full electric powertrains are Toyota badged. [34]
In August 2022, Toyota pledged up to $5.6 billion towards electric vehicle battery production and announced an increase in investment in its plant near Greensboro, North Carolina. [103] [104] Also in 2022, Toyota managed to maintain its position as the world's best-selling automaker for the third year in a row. [105] [106]
(Reuters) - Toyota Motor Corp on Wednesday posted a 9.6% fall in its 2022 U.S. new vehicle sales as a shortage of semiconductor chips and rising costs hampered the Japanese automaker's production ...
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The North American market Crown went on sale in October 2022 as a 2023 model year vehicle as a replacement to Toyota's former full-size sedan, the Avalon. Offered only in the Crossover body style and marketed simply as "Crown", grade levels available in the US and Canada are XLE, Limited, and Platinum.