ERLANGER, Ky. (July 24, 2012) – Toyota Motor Manufacturing Canada Inc. (TMMC) announced today that it will invest more than $100 million and hire approximately 400 team members to increase Lexus production at its Cambridge, Ontario facility.
Filed under: Japan , Plants/Manufacturing , Nissan , Toyota , South Korea The strong yen has Japanese carmakers looking to optimize every efficiency in order to keep their cars competitive in export markets. One strategy gaining momentum is to do some island hopping, specifically, moving plants and manufacturing to Kyushu, the southernmost main island in the Japanese archipelago. Car production there as a percentage of total Japanese production has doubled from 2001 to 2011, but more startling are the recent increases: Nissan just moved its Note and Caravan production there, Toyota is boosting production there by 600 percent, and total units made in Kyushu climbed 21 percent from 2010 to 2011. The three big factors involved are lower personnel costs, lower auto parts costs and increased productivity because of newer, more efficient factories. Companies can save ten percent on personnel in Kyushu versus traditional manufacturing centers like Aichi and Kanagawa, which are on the main island of Honshu and near major cities like Nagoya and Tokyo. Kyushu is also much closer to the South Korean peninsula, and the weakness of the South Korean won means importing lower-priced Korean auto parts is an even more attractive option. Japanese newspaper The Asahi Shimbun says it could soon be the Detroit of Japan. The prediction could be sped up if intergovernment talks can rework laws on transportation: it’s illegal for trucks with South Korean plates to drive on Japanese roads, so trucks hauling parts get shipped to Kyushu ports and their cargo is transferred to Japanese trucks. Japanese and South Korean officials are working to determine how to allow trucks from across the strait to travel unhindered from Korean auto parts factories to Japanese car factories. Kyushu on the road to becoming Japan’s Motor City originally appeared on Autoblog on Sun, 22 Jul 2012 12:02:00 EST.
Filed under: Japan , Plants/Manufacturing , Nissan , Toyota No surprise here. Both Nissan and Toyota have moved to cut production in Japan , according to Reuters . Nissan has made it clear that it will will drop capacity from the 1.35 million units produced in 2011 to 1.15 million in 2013. In 2012, Nissan expects to produce 1.22 million vehicles in its home country, though production is expected to increase in countries like China , Brazil and Russia to help offset the drop. The report says Nissan has already stopped production on two lines at its Oppama plant, and the manufacturer has plans to stop production of the Tiida in Japan altogether. The story is much the same with Toyota. The manufacturer has announced that by 2014, it will cut production in Japan by around 10 percent to 3.1 million vehicles. Before the financial crisis, Toyota produced 3.9 million units domestically. But that was when it still made financial sense to build machines in Japan and export them around the world. Japan has seen its currency strengthen against the dollar, making exports less and less financially viable.
Filed under: Car Buying , Crossover , Toyota , Electric Announced almost two years ago , Toyota finally gave us some more details about the was the all-electric RAV4 EV will be sold to the general public during the 26th Electric Vehicle Symposium in Los Angeles today. The important number? The MSRP for what Toyota calls a “fully equipped” RAV4 EV is $49,800 and will be available before the end of the year. Toyota says the RAV4 EV’s range is 100 miles and that the car will charge from empty in approximately six hours on a 240V/40A charger. The new RAV4 EV has LED and halogen headlights and it has special “environmental blue” color emblems on the outside. The vehicle will be made at the Toyota Motor Manufacturing Canada, Inc., plant in Woodstock, Ontario. The first generation of the new RAV4 EV was unveiled back at the 2010 Los Angeles Auto Show . Our First Drive report is here . With a battery and powertrain designed by Tesla , the new RAV4 EV certainly appears to be one of the new breed of compliance EVs . We had heard that the RAV4 EV will be lease only, but the official press release says the car “will go on sale in late summer 2012 through select dealers, initially in four major California metropolitan markets.” Those markets are Sacramento, the San Francisco Bay Area, Los Angeles/Orange County and San Diego and the news matches the rumor we heard last year, that sales about be limited to California.
ANN ARBOR, Mich. (April 5, 2012) – Toyota Technical Center (TTC), a division of Toyota Motor Engineering & Manufacturing, North America, Inc., (TEMA), announced today that the company will hire approximately 150 engineers, technicians, advanced researchers and scientists by the end of 2012.
ANN ARBOR, Mich. (April 5, 2012) – The Toyota Technical Center (TTC), a division of Toyota Motor Engineering & Manufacturing North America, Inc., (TEMA), announced today that the company has opened a dedicated office in California’s Silicon Valley furthering Toyota’s commitment to localizing research and development activities in North America and enhancing the customer’s experience with in-vehicle infotainment systems.
CAMBRIDGE, Ontario (March 28, 2012) – Toyota Motor Manufacturing Canada Inc. (TMMC) will increase RAV4 production at its Woodstock, Ontario assembly plant from 150,000 annual capacity to 200,000 vehicles.
Filed under: Etc. , Hirings/Firings/Layoffs , Toyota Halfway down a press release announcing that Shigeki Terashi was named president and COO of Toyota Motor North America, Inc. (TMA) was this: Jim Lentz is named CEO of Toyota Motor Sales, effective April 1. Lentz is the first American to take that position in the company. TMA is the holding company under which all of Toyota’s North American operations are grouped. Terashi will fulfill two roles when his new appointment is official on April 1, the new one and his current one as president of Toyota Engineering and Manufacturing, NA. Lentz will rise from his current position as COO. He became one of the prominent faces of Toyota during the company’s recent recall issues, publicly making the interview rounds and testifying before Congress to address the situation. Follow the jump for Toyota’s press release on the management shuffle. Continue reading Jim Lentz becomes first American CEO of Toyota Motor Sales Jim Lentz becomes first American CEO of Toyota Motor Sales originally appeared on Autoblog on Sun, 11 Mar 2012 14:02:00 EST.
ERLANGER, Ky. (January 20, 2012) – Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announced today North American vehicle production for 2011.
Toyota City, Japan, November 20, 2011— Toyota Motor Corporation (TMC) announces that Toyota Motor Manufacturing, Kentucky, Inc. (TMMK), TMC’s vehicle manufacturing subsidiary in Kentucky, United States held a commemorative ceremony at the Keeneland Race Course in Lexington, Kentucky on November 19 (local time) to mark 25 years of operations.