North American production of foreign marques to jump in 2014

North American production of foreign marques to jump in 2014

December 24, 2012 by · Leave a Comment 

Filed under: Plants/Manufacturing , Honda , Mazda , Nissan , Toyota , Volkswagen Wards Auto has released its North American Light Vehicle Production Forecast for 2014, and the report predicts foreign manufacturers will increase production on the continent some 3.9 percent by 2014. If accurate, that should see 123,000 additional cars, trucks and vans produced in North America, swelling the total number of units produced both by domestic and foreign manufacturers to 16.9 million light vehicles from a projected 15.6 million in 2013. Much of the increase can be attributed to the fact that Toyota intends to produce another car at its Blue Springs, MS plant as well as a new Lexus model at its Georgetown, KY facility in a year’s time. Likewise, Volkswagen intends to move production of a currently imported model to its plant in Puebla, Mexico. Daimler , Honda , Nissan and Mazda also plan to build additional models on North American soil for the first time. Around two-thirds of the new North American manufacturing will take place in Mexico, helping the country soak up a full 20 percent of the content’s automotive production for the first time. You can head over to the Wards Auto site for the full report. North American production of foreign marques to jump in 2014 originally appeared on Autoblog on Sun, 23 Dec 2012 15:06:00 EST. Please see our terms for use of feeds . Permalink

Toyota Announces Executive Changes

December 13, 2012 by · Leave a Comment 

ERLANGER, Ky., (Dec. 13, 2012) – Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announces the following senior management changes, effective January 1, 2013:

Toyota Donates $300,000 to the Michigan Science Center

December 9, 2012 by · Leave a Comment 

ANN ARBOR, Mich., Dec. 3, 2012 – Toyota Technical Center (TTC), a division of Toyota Motor Engineering and Manufacturing North America, Inc., announced a $300,000 donation to the Michigan Science Center.

Respect for the Planet: Toyota’s 2012 Report Details Commitment to the Environment

December 4, 2012 by · Leave a Comment 

NEW YORK – Dec. 4, 2012 – Toyota today highlighted its sustainable manufacturing advancements and commitment to environmental leadership as the automaker released its 2012 North America Environmental Report. The report spans Toyota operations in the United States, Canada and Mexico over the fiscal year, including research and development, manufacturing, logistics and sales. Toyota remains the most fuel-efficient full line auto manufacturer in the United States and the industry hybrid leader.

Japanese automakers ramping production for renewed American sales

Japanese automakers ramping production for renewed American sales

November 22, 2012 by · Leave a Comment 

Filed under: Car Buying , Japan , Plants/Manufacturing , Honda , Mitsubishi , Nissan , Toyota The 2011 earthquake and tsunami that struck Japan took quite the toll on the automotive industry in that nation. Not content to lean on that tragedy as excuse for slagging sales, the Japanese automakers are planning on a major production expansion in North America. The aim is to reclaim the market share lost from the Tsunami-based dip, and overcome a dollar/yen exchange rate that makes exporting to America unprofitable. Following the Tsunami, Japanese automakers ramped up production in their North American facilities to compensate, but according to Automotive News , Nissan , Honda and others have all reported plans for still-further increased production in the year ahead. As part of this ramp-up, Mazda will open a facility in Salamnca, Mexico before March of 2014. Part of that increase in output is 50,000 units of a Toyota-badged compact car, which Mazda will produce . Other Mexican production facilities opening include a Honda plant, which will open in Spring 2014 in Celaya, and a Nissan plant, set to open later this year in Aguascalientes. Nissan also said that it will need another plant in North America within the next five years. According to Nissan Boss Carlos Ghosn, the company aims to raise its stake in the US market from 8 percent to 10, and adding production will help achieve that goal. Even Mitsubishi is aiming to boost production at its Normal, Illinois plant.

Toyota Produces 25 Millionth North American-Built Vehicle

November 10, 2012 by · Leave a Comment 

GEORGETOWN, Ky. (Oct. 30, 2012) – Toyota celebrated the 25 millionth vehicle manufactured in North America today at a ceremony at its Georgetown, Ky. plant coinciding with the start of production for the all-new 2013 Avalon. The milestone vehicle – a Classic Silver Hybrid Avalon – represents 26 years of manufacturing, a direct investment of nearly $24 billion in North American operations and 365,000 jobs created in the U.S.

Toyota sales surge by 45% in Q3, global forecast raised

Toyota sales surge by 45% in Q3, global forecast raised

November 6, 2012 by · Leave a Comment 

Filed under: Japan , Toyota , Earnings/Financials Automotive News reports Toyota saw a sizable jump in third-quarter North American sales and has adjusted its global forecast accordingly. All told, the Japanese automaker sold 598,000 units in North America during the last quarter, marking an increase of 45 percent over the same time period last year. As a result, operating profit in the region also increased to $807.1 million, though Toyota also credits much of that figure to additional output. The company stepped up North American production by 42 percent in the third quarter. Last year at this time, the automaker was still reeling from the earthquake and tsunami disasters that struck Japan that March, and with its supply lines crippled, Toyota was forced to cut back production. Like other Japanese automakers, Toyota has seen its sales in China plummet. Sales in the region fell off by some 49 percent in September compared to the same month a year prior due to anti-Japanese protests in the country. Toyota sales surge by 45% in Q3, global forecast raised originally appeared on Autoblog on Mon, 05 Nov 2012 13:59:00 EST. Please see our terms for use of feeds . Permalink

Toyota Celebrates 35 Years of Research and Development in the United States

October 24, 2012 by · Leave a Comment 

ANN ARBOR, Mich., (Oct. 24, 2012) – Toyota Technical Center (TTC), a division of Toyota Motor Engineering and Manufacturing North America, Inc., will celebrate its 35th Anniversary with team members and executives this week at locations in Michigan, Arizona and California.

Toyota sales rebound to reclaim spot as world’s largest automaker

Toyota sales rebound to reclaim spot as world’s largest automaker

July 27, 2012 by · Leave a Comment 

Filed under: Car Buying , Europe , Japan , Toyota Toyota has pushed ahead of General Motors and Volkswagen as the world’s largest automaker in the first half of 2012. According to a new Bloomberg report, the 4.9 million units sold by the Japanese automaker in the first six months of 2012 represents an impressive 34-percent jump. Toyota’s sales beat out GM by 300,000 units and VW by 520,000. Still, The General’s sales were up 2.9 percent to 4.67 million vehicles sold, while Volkswagen moved 4.45 units, an 8.9 percent increase. While Toyota has enjoyed success in its top markets, North America and Japan, GM and VW have struggled with the economic crisis in Europe. The Japanese automaker was able to accomplish this even in the wake of the disastrous tsunami in its home market and flooding that occurred in Thailand. According to IHS Automotive market analyst Rebecca Lindland, the strong start may be followed by a downturn in momentum: “they are still restocking dealerships, pulling in consumers who may have waited… but that positive impact will trail off as the year progresses.” Toyota previously took the top spot as the largest global automaker from GM back in 2008 amidst the American financial crisis, but General Motors reclaimed that title in the wake of Japan’s natural disasters. Toyota sales rebound to reclaim spot as world’s largest automaker originally appeared on Autoblog on Fri, 27 Jul 2012 18:31:00 EST. Please see our terms for use of feeds .

Eight Toyota Manufacturing Facilities Recognized by the U.S. Environmental Protection Agency for Improved Environmental Performance

July 26, 2012 by · Leave a Comment 

ERLANGER, Ky. (July 25, 2012) –

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