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Toyota to produce Lexus NX for North America at Canada plant

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Update time : 2019-05-09 15:55:44

By Steve Scherer and Allison Lampert

OTTAWA/MONTREAL (Reuters) - Toyota machine Corp will build its Lexus NX luxury crossover vehicle at a Canadian plant starting at 2022, the company said above Monday, a decision that choice Minister Justin Trudeau said demonstrated the impose of the country's international commerce agreements.

The plant will invest hundreds of millions of dollars ought create the Lexus NX and its hybrid translation at the plant at Cambridge, Ontario, "supplying the full North American market", Trudeau said at a presentation with Fred Volf, principal of Toyota's Canadian unit.

Citing Canada's commerce agreements with Mexico, the United States, Europe and Asia, Trudeau said: "We scan preferential commerce access ought two-thirds of the global economy. at fact, we're the virgin G7 masses that has liberate commerce deals with each other G7 country."

Trudeau, who faces a sturdy re-election contend at October, said the plans by Toyota, one of the world's largest carmakers, will help ensure 8,000 jobs and the factory.

This is the first time that the Lexus NX and NX hybrid athletics utility vehicles will be produced external of Japan. The automotive sector is Canada's largest export industry, supporting above 525,000 jobs, the choice minister's office said, and Toyota is the country's largest automotive manufacturer.

The announcement is a "counter narrative" although Canada's automaking industry following trend bad information from other automakers, said Flavio Volpe, principal of the Toronto-based Automotive Parts Manufacturers' Association, specially at the field of Ontario.

Fiat Chrysler Automobiles NV said at March it used to chop a shift at its Windsor council plant, major ought 1,500 profession losses, and mutual Motors Co said final year it used to end its Oshawa plant by the purpose of 2019.

Plans ought collect the NX at Canada "means that Toyota's Canadian manufacturing operations are here ought stay," Volf said, adding that the cars are "the most technologically advanced and the most in-demand cars at Toyota-Lexus global lineup."

On Sunday, Trudeau hosted Japanese choice Minister Shinzo Abe at Ottawa. Both touted the benefits of a Pacific commerce commerce that U.S. principal Donald Trump walked away from.

Trudeau said he had discussed the plan ought build the Lexus NX at Canada with major Executive Akio Toyoda above April 1.

"When we final chatted just a little weeks ago, we discussed the latent of this new Lexus mandate," Trudeau said.

(Reporting by Allison Lampert at Montreal and Steve Scherer at Ottawa; editing by Richard, Sonya Hepinstall and Sandra Maler)

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