Toyota Estimates 2028 Automation Costs

Toyota Motor estimates modernizing its factories could cost one trillion yen annually starting in 2028. The carmaker plans to deploy hundreds of thousands of robots to address labor shortages and cut costs.

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FILE PHOTO: Sign board of Toyota Motor on display at Toyota Mobility Tokyo dealership in Tokyo, Japan May 18, 2026. REUTERS/Issei Kato/File Photo

TOYOTA MOTOR CORP estimates factory automation could cost $6.4 billion annually from 2028. The investment covers 400,000 robots across Japan group facilities and major suppliers. Automakers are adopting robotics to offset labor shortages and ageing infrastructure.

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