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- Toyota Motor Corp (NYSE:TM) has unveiled the 2023 Corolla Cross Hybrid in the U.S. to expand options for entry Sports Utility Vehicle customers.
- The company plans to assemble the 2023 Corolla Cross Hybrid and the 2021 launched gas model at the new Mazda Toyota Manufacturing plant in Huntsville, Alabama.
- The facility will have the capacity to produce up to 150,000 Corolla Cross vehicles per year.
- The Corolla Cross Hybrid offers 194 horsepower and an 8.0 second 0-60 time.
- The 2023 Corolla Cross Hybrid will be available in three new grades: S, SE, XSE, and the familiar LE and XLE grades.
- Price Action: TM shares are trading higher by 1.39% at 4168.69 on the last check Wednesday.
- Photo Via Company