Filed under: Budget , Sedan , Plants/Manufacturing , Subaru , Toyota Subaru may be set to end production of the Toyota Camry at its Lafayette, IN facility by 2017, according to a report from the Louisville Journal-Courier and a CBS affiliate in Columbia, South Carolina . Speaking to the plant’s Executive Vice President Tom Easterday, the whole affair sounds like a done deal. “Based on changes in Toyota’s production plans, they have decided that the award-winning Camry production contract will not be renewed,” Easterday said. Easterday was quick to emphasize that just because Camry production would end, doesn’t mean jobs will be lost. “There will be no loss of jobs at SIA as a result of this,” he said, before adding that the loss of Camry production will have no impact Subaru’s $400 million investment to ready the plant for Impreza production in 2016 . That said, adding a promised 900 jobs may take longer than originally planned, as Camry production staff are set to be retrained on Subaru production. SIA currently has the capacity to produce 100,000 Camrys per year, and began production of the family sedan in 2007 alongside production of the Subaru Outback , Legacy and eventually, the soon-to-be-discontinued Tribeca . We spoke via email with Toyota spokesperson Curt McAllister, who said, “We are not in position to discuss production plans at this time.” Subaru has not responded as of this writing, but we’ll update this post as soon we hear something. Subaru Indiana plant to stop building Toyota Camry originally appeared on Autoblog on Fri, 15 Nov 2013 10:15:00 EST. Please see our terms for use of feeds .
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
Filed under: Plants/Manufacturing , Toyota Toyota has announced that it expects its North American production to reach 100 percent capacity as early as September – far ahead of original post-quake estimates. So far, eight of the company’s 12 models built in North America are back to 100 percent capacity, and total production is hoped to improve by as much as 80 percent by August. In an official press release, Bob Carter, Toyota’s group vice president and general manager, says that the progress is thanks to the hard work of individuals both here and in Japan, and that the upcoming months will focus on ramping up output to make up for lost time. After Japan’s earthquake, tsunami and nuclear disasters last March, Toyota wasn’t expected to reach full manufacturing capacity in North America until December at the earliest. Click past the break to check out the quick press release. Continue reading Toyota says NA production to recover by September, earlier than expected Toyota says NA production to recover by September, earlier than expected originally appeared on Autoblog on Fri, 17 Jun 2011 11:33:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Japan , Plants/Manufacturing , Toyota The Detroit News is reporting that Toyota believes its production will be back on track by November or December of this year. The automaker saw global manufacturing slow after the tragic earthquake and tsunami activity of last month, though pre-disaster levels of production may return in Japan as soon as July. Meanwhile, shipping delays will cause manufacturing at the company’s overseas plants to begin to normalize beginning in August. It will then take another two months for production to completely meet earlier targets. Currently, Toyota’s Japanese facilities are operating at around 50-percent of capacity, though as The Detroit News reports, parts shortages have caused production delays at the company’s plants in the U.S. and around the world. While Toyota says that it will continue to work with its standard parts providers, the automaker has also made it clear that it will explore substitute suppliers as it continues to push toward returning to pre-quake output levels. [Source: The Detroit News ] Report: Toyota production back to normal by end of the year originally appeared on Autoblog on Fri, 22 Apr 2011 10:59:00 EST. Please see our terms for use of feeds . Permalink