LOS ANGELES (April 30, 2014) – How to bring the future of fuel efficient mobility to drivers across America was the challenge posed by Toyota during the 2014 Milken Institute Global Conference today in Los Angeles.
Filed under: Hirings/Firings/Layoffs , Toyota It’s official, Toyota is relocating its US operations to Plano, TX . And it won’t be a symbolic ‘all ranch and no cattle’ gesture – the Japanese automaker, whose headquarters have been in California since 1957, has decided to base nearly all of its operations in the Lone Star State, including much of its engineering, finance and sales and marketing teams. The move, which will see the establishment of a new headquarters campus in the Dallas suburb will not only affect employees at the company’s current Torrance, CA Toyota Motor Sales USA campus, it will also touch the lives of thousands of employees at the company’s other operations, including 1,000 workers at Toyota Motor Engineering & Manufacturing North America in Erlanger, KY and some New York-based staff as well. The Toyota Technical Center in Ann Arbor, MI is not facing relocation, however, and it actually stands to gain responsibilities as Toyota overhauls its US org chart. Toyota says that its reorganization will affect about 4,000 employees in total. According to Automotive News , while Toyota is adopting an “‘everyone is invited’ stance for the relocation,” some attrition is expected from employees who aren’t interested in relocating southward from the Golden State. For its part, the automaker is reportedly making expenses-paid visits to Plano available to full-time staffers and spouses to help them make the relocation decision, as well as a lump-sum payment if they decide to go through with the move. The move is expected to realize massive cost savings for Toyota, including in areas of taxation, real estate and employee cost of living. It is also expected to allow for consolidation in areas like human resources, information technologies, legal and accounting. Critically, the move will put the company closer to its North American manufacturing base, which has been increasingly concentrated in southern states, including Texas.
Filed under: Hirings/Firings/Layoffs , Toyota According to multiple sources familiar with the matter, Toyota is poised to announce Monday that it is restructuring its US operations, which may include plans to relocate some of its operations to Texas. Toyota Motor Sales has been located in California since 1957, and is responsible for North American sales, marketing, and distribution for Toyota, Lexus and Scion . According to Toyota literature, its Torrance operations presently employs 6,156 workers and represents a $2.3-billion investment. Workers in Toyota’s Torrance offices were abuzz about the possible relocation to Texas. One young offspring of a Toyota employee even posted to Twitter that her parents warned about the upcoming move, and she said she’s refusing to go. Rumors at one point had Toyota settling in Richardson, TX, just outside Plano. But Autoblog talked to Richardson Mayor Laura Maczka, who said she would be thrilled if that were true, but has not heard anything on the subject. Autoblog also emailed with Bill Sutherland, a city councilman in Torrance, CA, who said, “To date the only info I have is what I have read in the paper expecting a press release Monday.” If the automaker moves its operations to the Lone Star state, the transition is expected to take place in waves over two to three years. It is not immediately clear when the transition will begin, or if Toyota Financial Services also plans to relocate its operations – a division that employs a further 3,286 workers. It is also unknown how many employees will be offered assistance packages, should this move to Texas actually happen.
NEW YORK (April 16, 2014) – Sports car buffs are in for a roaring good time as the all-new Lexus RC 350 F SPORT zooms into Javits Convention Center to take its place among Lexus’ energetic lineup at the New York International Auto Show. The RC 350 F SPORT shows off its adventurous attitude for the first time since its Geneva debut here in America’s hotspot for fashion and design.
Toyota Motor Sales, U.S.A., Inc., Senior Vice President of Automotive Operations Bob Carter speaks at the
Filed under: Budget , Sedan , Toyota Looks like the new, ” more emotional ” Toyota Camry designer Kevin Hunter talked about back in January is going to arrive very soon, with news that Toyota’s bread-and-butter sedan will be getting an update in just a few weeks time at the 2014 New York Auto Show . “On April 16 at the New York International Auto Show, we will make an important announcement about America’s best-selling car, the Toyota Camry,” said Curt McAllister, Toyota product news manager, in an emailed statement. Considering the high-profile nature of the NYAS – not to mention the competition that will be shown there – it makes sense that Toyota would choose to unveil something as significant as a major refresh at the Javits Center. We wish we had more to tell you than this, but unfortunately, that’s about all we’ve got to go on at this time. Of course, we’ll have much more for you during the lead up to NYAS, including any leaks of the refreshed Camry. Stay tuned. Heavily updated 2015 Toyota Camry to bow in New York originally appeared on Autoblog on Thu, 27 Mar 2014 16:29:00 EST. Please see our terms for use of feeds . Permalink
ERLANGER, Ky. (Jan. 9, 2014)
Filed under: Concept Cars , Japan , Tokyo Motor Show , Hatchback , Toyota , Specialty , Design/Style As far as beasts of burden go, New York City’s new – and much maligned – Nissan NV200 ” Taxi of Tomorrow ” isn’t a bad one. It’s space efficient, reasonably economical, and its simple construction should mean it’s pretty robust over the long haul, too. But it lacks panache and a sense of occasion – let alone a sense of humor – three things this this Toyota JPN Taxi Concept we found at the Tokyo Motor Show has in spades. Unfortunately, that’s about all the information we have on this cheeky London-taxi-inspired showcar. Toyota hasn’t provided much in the way of details, other than to proclaim that the five-seat JPN was “created with Japanese hospitality in mind” and it “aims to enliven city streets.” Japan’s livery landscape has long been occupied by traditional three-box sedans – models like the Toyota Crown and Nissan Cedric. The JPN Taxi at just over 171 inches would appear to offer both a tighter footprint and added whimsy, both of which are in the automaker’s favor; we hear it hopes this concept will one day become the country’s own version of America’s yellow Crown Vic cab. Toyota isn’t providing powertrain specifications, but we like the airy feeling of the interior (Japanese cabs typically don’t have cumbersome partitions between cabbie and passengers), the minimalist driver area with three screens, and the widescreen overhead video system for passengers that bookends the panoramic moonroof. Check it out in our gallery of live shots and let us know what you think in Comments. Continue reading Toyota JPN Taxi Concept is a Japanese riff on an English classic Toyota JPN Taxi Concept is a Japanese riff on an English classic originally appeared on Autoblog on Wed, 20 Nov 2013 11:02:00 EST. Please see our terms for use of feeds .
Filed under: Car Buying , Budget , Sedan , Plants/Manufacturing , Honda , Toyota , Earnings/Financials The battle to claim October’s best-selling compact sedan title has been won by the Honda Civic . The Japanese four-door sold 27,328 units, leaving the Toyota Corolla – September’s title holder – in its wake with 23,637 units sold. In terms of year-to-date sales, the Civic sits at 280,899 units, with the Corolla trailing at 257,184 vehicles. Sitting in third place, separated by a significant gap from the leaders, is the Chevrolet Cruze with 16,087 units sold. The Ford Focus earned fourth, with 15,108 units moved out of showrooms. (It is interesting to note that while the Civic and Corolla have both enjoyed double-digit sales increases year-over-year, the Cruze and Focus have seen significant decreases during the same period.) Sales of the Hyundai Elantra hit 14,876 units, putting it in fifth place, with the Volkswagen Jetta earning sixth place with 11,710 units. Rounding out the ten top sellers were the Nissan Sentra (8,399 units), Mazda3 (7,647 units), Dodge Dart (5,617 units) and Subaru Impreza / WRX (4,923 units). The Kia Forte (4,706 units) and Volkswagen Golf (2,249 units), eleventh and twelfth respectively, have fallen behind. For complete US auto sales coverage, be sure to check out our By the Numbers articles, which we run at the end of every month. Honda Civic overtakes Toyota Corolla as America’s best-selling compact originally appeared on Autoblog on Mon, 04 Nov 2013 08:43:00 EST.
Filed under: Acura , Audi , BMW , Buick , Chrysler , Dodge , Ford , GMC , Honda , Infiniti , Jeep , Lexus , Lincoln , Mazda , Mercedes-Benz , Mini , Nissan , Scion , Subaru , Toyota , Volvo , Ram Consumer Reports has released its annual Auto Reliability Rankings, and surprise of surprises, Japan is dominant. Among brands in 2014, Lexus , Toyota and Acura make up the top three marques, while Mazda , Infiniti , Honda and Subaru sit fifth, sixth, eighth, and tenth, respectively. For those keeping track at home, Japan’s dominance wasn’t complete, though. Audi’s 2014 models helped the German brand jump from eighth to fourth, while Volvo saw a massive, 13-spot improvement, to seventh overall. Even GMC got in on the action, jumping three places, to ninth. Outside of the top 10, America, Europe and Japan saw more mixed results. Scion took the biggest tumble of any brand, falling ten positions to number 11, while Subaru , though still in the top ten, dropped five spots (coincidentally, CR had nothing good to say about Subaru and Toyota’s joint venture, calling the BRZ and Scion FR-S each brand’s least reliable vehicle). Nissan fell nine places to number 22 overall. BMW and Mercedes-Benz each climbed one place, to fifteenth and thirteenth, respectively. The big earners, though, besides Volvo, included Buick , which jumped nine places to number 12.