Now here’s something that you don’t often hear about: a Japanese product made in the USA and exported to South Korea. We’re talking about the new generation of the Camry and Toyota’s decision to export the U.S.-assembled sedan to its distributor in South Korea.
“The export of thousands of Camry vehicles to South Korea is an important development that builds on the great work of our talented U.S. team members as well as our extensive investments across North America to help maintain a strong, stable base of U.S. jobs,” said Yoshimi Inaba, president and COO of Toyota Motor North America, Inc.
The South Korean-bound Camry saloons will be produced at Toyota’s plant in Georgetown, Kentucky, which is the firm’s largest manufacturing facility outside of Japan, employing some 7,000 workers directly while also creating close to 20,000 additional jobs in Kentucky and other states.
Toyota said that Camry exports to South Korea are initially forecasted at around 6,000 units annually.
The Japanese firm entered the South Korean market just last year selling 4,200 units of the previous generation Camry, all of which were imported from Japan.
Toyota decided to source the South Korean-bound Camry from the States because of the strong yen as well as due to the free trade agreement between the U.S. and South Korea that will help reduce the export costs of the mid-size model.
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