Toyota showers billions on US plants after slow shift to SUVs

Southfield, Michigan: Toyota Motor Corp has poured more money into yet another North American plant to boost production of the SUVs and trucks US customers increasingly seek instead of sedans. The Japanese automaker said on Friday it has spent $700 million and hired 150 new workers at its plant in Princeton, Indiana, mostly to increase output of its Highlander Sport Utility Vehicle. The outlay is part of a $1.3 billion injection into the factory and a broader pledge by Toyota to invest $13...