Toyota North America CEO James Lentz (left) and Mexican President Enrique Peña Nieto during a ceremony announcing that Toyota will invest $1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla, April 15, 2015.

Mexican President Enrique Peña Nieto (left) and Toyota Senior Vice President Bob Carter shake hands (while TMS Executive Chairman Yoshi Inaba looks on) during a ceremony announcing that Toyota will invest $1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla, April 15, 2015.

Toyota North America CEO James Lentz speaks during a ceremony announcing that Toyota will invest $1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla, April 15, 2015.

Toyota North America CEO James Lentz speaks during a ceremony at Los Pinos, the official residence and office of the President of Mexico. During the ceremony, Lentz announced that Toyota will invest $1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla, April 15, 2015.

Mexican President Enrique Peña Nieto speaks during a ceremony announcing that Toyota will invest $1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla, April 15, 2015.

Toyota and Mexican officials attend a ceremony announcing that Toyota will invest $1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla, April 15, 2015.

Toyota and Mexican officials attend a ceremony announcing that Toyota will invest $1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla, April 15, 2015. From left to right: Japan's Ambassador in Mexico Akira Yamada, Guanajuato Governor Miguel Marquez Marquez, Toyota North America CEO James Lentz, Mexico President Enrique Peña Nieto, Mexico Secretary of Economy Ildefonso Guajardo, Toyota Chairman Yoshi Inaba and Toyota Motor Sales Senior Vice President Bob Carter.