Toyota will increase production of the Toyota RAV4 from 150,000 to 200,000 per year at their Woodstock, Ontario, Canada plant. The investment will add 400 new jobs and Toyota’s investment will total $80 million.
Toyota credited strong sales of the RAV4 in North America for the increase in production.What isn’t clear is whether the increase, scheduled to start in 2013, will coincide with the introduction of a new generation of RAV4. The current car has been on sale since 2005, at which point the car will be 8 years old. Antiquated technology, like a 4-speed automatic, is still used on certain models. Given the length of time it’s been on the market, a new car should be expected very soon, along with a RAV4 EV.