Toyota to ramp up Canadian production of RAV4

Sales of the RAV4 are down five percent so far in 2012, but that won't stop Toyota from increasing North American production. Automotive News reports that Toyota will spend $80 million to retool its Woodstock, Ontario plant to increase production from 150,000 crossovers per year to 200,000. The increased production will also lead to the hiring of an additional 400 workers at the plant. Some speculate that Toyota is ramping up North American production to combat the high Japanese yen. Only 13 percent of the RAV4s sold in North America in 2012 have been Japanese imports.

Autoblog, Toyota to ramp up Canadian production of RAV4