TOKYO (Reuters) - Toyota Motor ( TM ) will consolidate production of its luxury Lexus brand cars in the United States into a single location from two in the face of high tariffs imposed by the Trump administration, the Nikkei reported on Tuesday.
The move is aimed at strengthening U.S. production of petrol-electric hybrid vehicles while shifting some production of high-end Lexus cars to Japan, according to the report.
Toyota ( TM ) said the information was not something announced by the company, adding that it was constantly considering how to optimise its production structure as part of its efforts to make ever-better cars.
Toyota ( TM ) currently makes Lexus ES sedans at a plant in the state of Kentucky and Lexus TX sport utility vehicles at a site in Indiana.
After the consolidation, Toyota ( TM ) will end production of Lexus cars at the Kentucky plant, according to Nikkei.