# May 15th, 2026 | Toyota eyes $2B Texas plant; AutoPayPlus CEO on affordability

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Text version: https://stenobird.com/podcast/automotive-news-daily-drive-58649/may-15th-2026-toyota-eyes-2b-texas-plant-autopayplus-ceo-on-affordability.md
Podcast: [Automotive News Daily Drive](https://stenobird.com/podcast/automotive-news-daily-drive-58649)
Published: 2026-05-15T19:00:00+00:00
Episode link: https://autonews.com
Audio file: https://dts.podtrac.com/redirect.mp3/www.buzzsprout.com/2447022/episodes/19183514-may-15th-2026-toyota-eyes-2b-texas-plant-autopayplus-ceo-on-affordability.mp3
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Duration seconds: 921

## Resource

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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