For years Detroit automakers carped about the low value of the Japanese yen versus the U.S. dollar, but these days, the opposite is true. The yen has rocketed up in value versus the dollar, and Japan's automakers are taking significant measures to mitigate its bottom-line-killing effects. In October Toyota demanded lower prices from its Japanese supply base, and now the Camry will be built in the U.S. and shipped overseas.
Toyota notes in the post-jump press release that it will build 6,000 Toyota Camry units in Georgetown, Kentucky and ship the units to Korea.
Autoblog
See also:
itcrowd, Kentucky-built Toyota Camry headed to South Korea
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