One of the world's top automakers has announced that they will start exporting United Statesóbuilt Toyota Corolla sedans to 18 countries in Latin America and the Caribbean in 2014.
On Thursday, Toyota said the shipments are expected to build on its all-time record export of more than 124,000 US-assembled vehicles to 21 global markets in 2012, an increase of 45 per cent over the prior year.
"Toyota's US manufacturing operations continue to grow as a key supplier of cars and trucks for global markets, which is only possible thanks to the dedication and high-quality work of our team members here," said Jim Lentz, chief executive officer of Toyota's North America Region.
"The export of US-built Corolla sedans to Latin America and the Caribbean will help to further solidify our US manufacturing base," he added.
Once production begins in April 2014, Lentz said Toyota expects to export more than 7,500 Corolla sedans to Latin America and the Caribbean during the first year of sales.
He said these vehicles will be built at the company's Tupelo, Mississippi plant, which employs about 2,000 team members and represents an US$800-million investment.