GM, Toyota to boost N. American capacity
Jan 17, 2013 | 02:41 PM
| Corinna Petry
CHICAGO Executives at General Motors Co. and Toyota Motor Sales USA have outlined plans to boost North American manufacturing capacity, citing the growing driving-age population, the aging fleet of vehicles on the road, an increase in Hispanics buying power and customers ready access to loans as solid drivers for auto sales.
Detroit-based GM has launched facility investment in the region of more than $10.2 billion since July 2009, North America president Mark Reuss said Jan. 16 at the Automotive News World Congress.....
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