TOYOTA MOTOR CORP.
TOYOTA MOTOR CORP.
- USD (-)
- 15 min Ritardato - Azioni NYSE
Apertura: -
Variazione: -
Volumi: -
Minimo: -
Massimi: -
Distanza Mas/Min: -
Tipologia: Azioni
Ticker: TM
ISIN: JP3633400001

Toyota Shifts Production Plans at Its Alabama Joint Venture Plant

  • 12
toyota_logo.jpg


TOKYO, July 11, 2019 - (JCN Newswire) - Toyota is shifting future production plans at the Mazda Toyota Manufacturing U.S.A. (MTMUS) joint venture assembly plant as an opportunity to build a new, yet-to-be announced SUV.

This shift is in response to changing market demands and a growing consumer appetite for light trucks and SUVs which are achieving record sales, including Toyota's best-selling RAV4.

More details related to the future SUV will be released at a later date. Corolla production continues at Toyota's Blue Springs, Miss. plant.

Construction of MTMUS in Huntsville, Ala. remains on schedule, with the start of production expected to begin in 2021. Up to 4,000 new jobs will be created and hiring is underway.

In August 2017, Toyota and Mazda announced a collaboration to establish MTMUS, a $1.6 billion joint venture that will assemble up to 300,000 vehicles annually.

About Toyota Motor Corporation

Toyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com.

Source: Toyota Motor Corporation

Contact:
Public Affairs Division
Global Communications Department
Toyota Motor Corporation
Tel: +81-3-3817-9926




Copyright 2019 JCN Newswire . All rights reserved.

JCN Newswire
JCN Newswire

JCN Newswire is an associate company of ACN Newswire, which established ACN Newswire, a press release distributor for Asian companies and organizations, in 2001.

Global press release distribution and financial disclosure; Direct distribution to financial terminals, desktops and financial media; English, Chinese, Korean and Japanese press release translation and distribution