TMS Senior Vice President of Automotive Operations Bob Carter talks about safety technology and announces the winner of a 2015 Camry at the 2014 AARP Ideas@50+ National Event & Expo in San Diego, Sept. 6, 2014.
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
Toyota Motor Sales, U.S.A., Inc., Senior Vice President of Automotive Operations Bob Carter will speak at the J.P. Morgan Auto Conference in New York on Tuesday, Aug. 12, 2014. Follow the presentation via live webcast beginning at 8:10 a.m. EDT.
Toyota Motor Sales, U.S.A., Inc., Senior Vice President of Automotive Operations Bob Carter speaks about the state of the industry as well as the company’s upcoming products at the J.P. Morgan Auto Conference in New York on Tuesday, Aug. 12, 2014.
Toyota Division Group Vice President and General Manager Bill Fay and Lexus Group Vice President and General Manager Jeff Bracken review July 2014 sales.
TMS Group Vice President and Toyota Division General Manager Bill Fay spoke at the National Council of La Raza’s Latinas Brunch, Sunday, July 20, 2014.
Toyota Motor Engineering and Manufacturing North America, Inc.(TEMA) President and CEO Osamu Nagata speaks at the Rainbow Push Coalition 43rd Annual International Convention in Chicago on July 2, 2014.
Toyota Division Group Vice President and General Manager Bill Fay and Lexus Group Vice President and General Manager Jeff Bracken review June 2014 sales.
Toyota Division Group Vice President and General Manager Bill Fay and Lexus Group Vice President and General Manager Jeff Bracken review May 2014 sales.
Filed under: Hybrid , Technology , Toyota , Electric Toyota is not bullish on EVs. That comes from the company’s North American CEO, Jim Lentz , who said the company will focus not on electrification, but on continued hybridization with a long-term focus on hydrogen fuel cells. Lentz questioned the long-range ability of EVs, saying that Toyota feels “there are better alternatives, such as hybrids and plug-in hybrids, and tomorrow with fuel cells.” Lentz spoke about Toyota’s focus on hydrogen following Forbes Brainstorm Green conference and barely a week after a battery deal between Tesla and Toyota ended , according to Automotive News . That deal provided for 2,500 battery packs for the Rav4 EV . While valuable to Toyota, the deal “was never about open-ended volume,” Lentz said. “It was time to either continue or stop. My personal feeling was that I would rather invest my dollars in fuel cell development than in another 2,500 EVs.” Freed of its venture with Tesla , hydrogen now appears to be in Toyota’s focus. According to AN, Toyota is starting in California, offering a $7-million loan to a company called FirstElement Fuel to develop hydrogen fueling infrastructure in the Golden State. Automotive News cites a study by Toyota that claims 68 refueling stations located across the state would provide for 10,000 HFC owners. California is already planning on having 50 stations by the end of 2016.