After announcing a 75% drop in profits, due to the rising value of the Japanese Yen, Toyota announced it will move all Highlander production to the United States!
This is because the value of the dollar is so low that it’s now cheaper to make their SUV in the U.S., than in Japan. Those U.S. made Highlanders will then be sold in the growing Russian and Australian car markets.
Toyota hopes production will begin in their Indiana factory by the middle of 2013. It will include gasoline engined, and hybrid powered Highlanders.