Automotive

Toyota plans a new $2 billion vehicle assembly facility in San Antonio, Texas, aiming to create 2,000 jobs by 2030 with phased operations starting in 2028. This project highlights continued investment in U.S. automotive manufacturing and workforce development.

Hyundai Motor Group has boosted its U.S. investment commitment to $26 billion through 2028, including vehicle production expansion, a steel plant in Louisiana, and a robotics facility. This move marks a significant step in global automakers’ trend toward increasing U.S. manufacturing footprint and supply chain localization.

U.S. auto sales increased about 2% in 2025 despite a volatile policy environment. Toyota, Hyundai, and General Motors posted significant year-end sales gains, driven by strong demand for trucks, SUVs, and hybrid vehicles.

U.S. motor vehicle and parts manufacturing surged 3.7% in April, contributing to the biggest increase in overall factory output in more than a year. The growth in vehicle production signals renewed momentum in a key sector of American manufacturing.