I'm not sure what to make of the article. It seems to contradict itself:
"TOKYO, Sept 9 (Reuters) - Toyota Motor (7203.T), opens new tab will consolidate production of its luxury Lexus brand cars in the United States into a single location from two in the face of high tariffs imposed by the Trump administration, the Nikkei reported on Tuesday.
The move is aimed at strengthening U.S. production of petrol-electric hybrid vehicles while shifting some production of high-end Lexus cars to Japan, according to the report"
Are they consolidating the ES and TX to the Indiana plant, or are they moving all Lexus production to Japan? First it says consolidating to a single plant, then it says shifting production to Japan. If they're consolidating to Indiana, how does that save on tariffs? Or are both the TX and ES moving to Japan? Or are they saying they'll move ES production to Japan and retain TX production in Indiana (which isn't a consolidation in the U.S.).
Regardless, it seems there will be some production space opening up in Kentucky. Some added capacity for the RAV4 would be nice, especially with all models now being hybrid. Or, production space could open up for the new "Stout". A Toyota wild-card move would be to start producing RAV4s for the EU market in Kentucky as well, which is more viable now that the EU has 0% tariffs on U.S. imports.