Filed under: Plants/Manufacturing , Crossover , Toyota Toyota has announced that it will be making a $100 million investment in its Princeton, IN factory in a bid to increase production of its popular Highlander CUV . The move will create 300 new jobs by 2016 and increase the total number of crossovers the plant can produce by 30,000. Toyota currently builds the Highlander, alongside the fullsize Sequoia , at Toyota Indiana’s West Plant. The additional capacity, though, will be sent to the East Plant, which is currently responsible for production of the recently refreshed Sienna minivan. “The Highlander has been a great product for our plant,” Toyota Indiana President Norm Bafunno said in a statement. “Establishing Highlander as the ‘bridge vehicle,’ as we call it, between the East and West plants increases our ability to meet customer needs for our outstanding products. This exciting news is a true testament to the capability of our hard-working and dedicated team members.” Take a look below for the full announcement from Toyota. Continue reading Toyota makes $100M investment to boost Indiana Highlander production Toyota makes $100M investment to boost Indiana Highlander production originally appeared on Autoblog on Mon, 25 Aug 2014 13:31:00 EST. Please see our terms for use of feeds . Permalink
PRINCETON, Ind., Aug. 22, 2014 – The regional economy is about to get a boost because Toyota Indiana is on the grow again.
HUNTERSVILLE, N.C. (Aug. 21, 2014) – Even with three solid months of racing left in the 2014 NASCAR season, Toyota team Joe Gibbs Racing (JGR) is getting ready for 2015.
Filed under: Maintenance , Government/Legal , Chrysler , Honda , Toyota The ongoing investigation by the Department of Justice into price fixing in the automotive industry has nabbed one more company breaking the law. Japanese parts giant NGK Spark Plug Company agreed to plead guilty to a felony count of pricing fixing and bid rigging in the in the US District Court in Detroit. Its punishment is a $52.1 million criminal fine and to continue to cooperate with the DOJ’s sleuthing into the problem. According to the DOJ, NGK conspired to fix prices on spark plugs, standard oxygen sensors, and air fuel ratio sensors on vehicles from major automakers in the US, including the former DaimlerChrysler , Honda and Toyota , in a scheme that ran from at least January 2000 to July 2011. The charge claimed that the company and its co-conspirators held meetings where they agreed on bids and price quotes that were submitted to the automakers. With the latest plea, the DOJ has caught 28 companies and 26 executives for price-fixing and bid rigging in the auto parts industry, and they have collected $2.4 billion in criminal fines. In 2013, the feds brought nine Japanese suppliers down at once, to collect $740 million. Scroll down to read the DOJ’s complete announcement of the case. Continue reading Japanese spark plug giant NGK pleads guilty to price fixing, to pay $52M fine Japanese spark plug giant NGK pleads guilty to price fixing, to pay $52M fine originally appeared on Autoblog on Wed, 20 Aug 2014 18:00:00 EST. Please see our terms for use of feeds .
Filed under: Sedan , Truck , Government/Legal , Safety , Chevrolet , Dodge , Ford , Honda , Jeep , Nissan , Toyota No one wants to have their car stolen, but a new study by the National Insurance Crime Bureau has some bad news for older Honda owners and pickup drivers. Fortunately, it has better news for drivers overall. The group is reporting that according to preliminary data from the Federal Bureau of Investigation, thefts were down 3.2 percent in 2013 (versus 2012) to fewer than 700,000 cars. That’s the lowest figure since 1967. That’s also less than half of the peak of over 1.66 million thefts in 1991. “The drop in thefts is good news for all of us,” says NICB President and CEO Joe Wehrle. “But it still amounts to a vehicle being stolen every 45 seconds and losses of over $4 billion a year.” Honda drivers might not find it such good news with older Accord and Civic models topping this year’s theft study. Toyota and Dodge can’t really celebrate, either, with two models each on the list, as well. Overall, this year’s list was split evenly between foreign and domestic models, which were mostly pickups. The 10 most likely vehicles to be stolen in 2013 were: Honda Accord – 53,995 Honda Civic – 45,001 Chevrolet Pickup (Full Size) – 27,809 Ford Pickup (Full Size) – 26,494 Toyota Camry – 14,420 Dodge Pickup (Full Size) – 11,347 Dodge Caravan – 10,911 Jeep Cherokee / Grand Cherokee – 9,272 Toyota Corolla – 9,010 Nissan Altima – 8,892 Those numbers don’t exactly tell the whole story, though.
SOUTH CHARLESTON, W. Va. (August 19, 2014)
When Tierra Kavanaugh Turner first came to the Opportunity Exchange (OE) more than a decade ago, she didn’t have the capacity or resources to be a supplier to Toyota. But that wasn’t about to stop her. So she continued to come, year after year. “They identified areas I needed to strengthen and improve – increasing staff, documenting processes, and exploring potential strategic alliances,” says Turner, owner of TKT & Associates, Inc. and TKT-nectir Global Staffing, LLC.
Building Greener Pastures: Toyota Taps Sustainable Design Firm Corgan for New North American Headquarters
Plano, Texas, Aug. 19, 2014
Filed under: Motorsports , Performance , Dodge , Jaguar , Toyota If you’re an enthusiast, and you don’t know that Dodge spawned another Hellcat this week, you really must have been living in cave. The 2015 Dodge Charger SRT Hellcat is probably the biggest news for enthusiasts since the reveal of, well the 2015 Dodge Challenger SRT Hellcat . But, there are some things you might not know or might have missed about the new Charger and Challenger Hellcats. For starters, reports that the Hellcat production would be limited to a low volume are not true. “We have not capped the Hellcat on either the Challenger or the Charger,” Dodge CEO Tim Kuniskis said. Continue reading Weekly Recap: Things you might not know about the 2015 Dodge Charger and Challenger Hellcats Weekly Recap: Things you might not know about the 2015 Dodge Charger and Challenger Hellcats originally appeared on Autoblog on Sat, 16 Aug 2014 12:01:00 EST. Please see our terms for use of feeds . Permalink
It began when Erik Jones captured the checkered flag at Phoenix International Raceway on Nov. 8, 2013. It concluded when Darrell Wallace Jr. picked up a first-place trophy at the Eldora Speedway dirt track in Rossburg, Ohio on July 23, 2014. Twelve consecutive victories and a new NASCAR record – the longest string of wins by one manufacturer in the 19-year-history of the NASCAR Camping World Truck Series (NCWTS).