Fujio Cho, the new president of Toyota Motor Corp., said Monday that the possibility is high that Toyota will establish a new auto assembly base in North America to cope with increasing demand in the United States.
This would be achieved by expanding an existing assembly facility or building a new one.
"(The possibility) is about 70 percent to 80 percent," Cho said in Tokyo during a meeting with reporters after his first press conference as the head of Toyota.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.