EPISODE · May 15, 2026 · 15 MIN
May 15th, 2026 | Toyota eyes $2B Texas plant; AutoPayPlus CEO on affordability
from Automotive News Daily Drive · host Automotive News
Toyota is considering a new $2 billion assembly plant in Texas. Subaru puts its electric vehicle plans on ice and shifts focus back to internal combustion and hybrid cars. Plus, AutoPayPlus CEO Robert Steenbergh explains why he says lowering interest rates won’t solve the auto industry’s affordability problem.
What this episode covers
Toyota is considering a new $2 billion assembly plant in Texas. Subaru puts its electric vehicle plans on ice and shifts focus back to internal combustion and hybrid cars. Plus, AutoPayPlus CEO Robert Steenbergh explains why he says lowering interest rates won’t solve the auto industry’s affordability problem.
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May 15th, 2026 | Toyota eyes $2B Texas plant; AutoPayPlus CEO on affordability
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