Toyota’s LatAm Chief confirms Toyota mantra: Make cars, not plants

St. Angelo in Tokyo

St. Angelo in Tokyo

Steve St. Angelo, jefe of Toyota’s Latin American operations, poured more cold water on widely reported, and then strongly discounted news of building a plant in Mexico. Lunching with a small group of reporters at Toyota’s swank Kioi Club yesterday, he said that as much as he would like more capacity in South America, a plant in Mexico is “far from an approved project.” [Continue Reading]