Toyota
Tough times for car manufacturing, including chip crises, sinking cargo ships and floods, no one is really safe: that's what Toyota must have thought, after discovering that the factory in South Africa has been completely shut down by a ' flood.Heavy rains recorded in the province of KwaZulu-Natal, South Africa, killed hundreds of people and destroyed millions of dollars in property; the Toyota factory in Prospecton was hit hard, to the point that the company had to completely stop production due to damage to the facility.
The Prospecton factory produces models that are used locally, so there should be no delays on deliveries for European or American customers, but the enormous damage suffered by the company - and poor customers waiting for the Hilux and Corolla Cross in production remains. - that he will have to work hard to fix his factory and above all to understand the damage suffered by the vehicles that have been hit by the flood.
| ); } Toyota is the largest automobile manufacturer in the world, and despite its importance it is not immune from the problems that are plaguing all companies, such as the semiconductor crisis; Due to this problem, Toyota announced last August its intention to reduce production by 40% - fortunately it seems that at least as far as the war in Ukraine is concerned, Toyota has not been involved, unlike other manufacturers such as Ford , which today struggles to produce its Ford Fiesta.
Toyota Invests $383 Million in US Production
Engine, casting investment across four US states furthers vehicle electrification efforts
PLANO, Texas, April 19, 2022 /PRNewswire/ -- Advancing the company's commitment to vehicle electrification, Toyota will invest $383 million in four of its U.S. manufacturing plants that build the heart of new Toyota and Lexus vehicles. The new investment supports the production of four-cylinder engines, including options for hybrid electric vehicles, at its Alabama, Kentucky, Missouri and Tennessee plants.
'Toyota customers want vehicles that are fuel-efficient and electrified,' said Norm Bafunno, senior vice president, Unit Manufacturing and Engineering, Toyota. 'These investments allow us to meet customer needs and quickly respond to an evolving market. We are committed to investing in the U.S., and our teams are ready to take on this new challenge.'
Toyota Alabama: Huntsville, Ala., $222 millionToyota Alabama will create a new four-cylinder production line with the capacity to produce engines for both combustion and hybrid electric powertrains. Additionally, the facility will expand its footprint by 114,000 square feet, which marks the plant's sixth building expansion since 2003. Toyota Alabama has the capacity to build 900,000 engines annually and represents a nearly $1.5 billion investment.
Toyota Kentucky: Georgetown, Ky., $16 millionToyota Kentucky is expanding flexibility of the four-cylinder engine line announced last fall, which will better position the plant to meet customer demand. The plant's powertrain facility can produce up to 600,000 units annually. Toyota Kentucky is the company's largest plant globally, producing seven Toyota and Lexus models, as well as four-cylinder and six-cylinder powertrains. Overall, the plant represents an $8.5 billion investment.
Toyota Missouri: Troy, Mo., $109 millionToyota Missouri's investment provides new equipment to build four-cylinder engine heads on three production lines. The plant has the capacity to build more than 3 million cylinder heads annually and represents a $564 million investment.
Toyota Tennessee: Jackson, Tenn., $36 millionToyota Tennessee will update equipment to build new four-cylinder engine blocks. The plant has the capacity to produce more than 2 million engine blocks annually and represents a $425 million investment.
Toyota's Commitment to the U.S.Last year, Toyota announced new investments totaling $5.1 billion into its U.S. manufacturing operations to support electrification efforts, demonstrating its commitment to building where it sells and supporting local economies.
Toyota's U.S. plants produce half of the vehicles it sells in the U.S., and its North American assembly facilities produce more than three-quarters (76%) of the vehicles it sells in the U.S.
In addition to the improvements to its manufacturing facilities, the company is investing in the workforce of the future. Toyota recently announced Driving Possibilities, a $110 million initiative to support PreK-12 education and beyond. The goal of the initiative is to improve communities and get young people excited and prepared for the job market.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.
Toyota directly employs more than 39,000 people in the U.S. who have contributed to the design, engineering, and assembly of nearly 32 million cars and trucks at our nine manufacturing plants. By 2025, Toyota's 10th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. Toyota has more electrified vehicles on the road than any other automaker, with electrified vehicles comprising more than a quarter of our 2021 North American sales.
To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to virtually visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.ToyotaNewsroom.com.
Media Websites: ToyotaNewsroom.com LexusNewsroom.com
Media Contacts:Bekah Schmidt Kim Ogle Leah AlmelingToyota Alabama Toyota KentuckyToyota Missouri & Toyota Tennessee256-788-4304 256-746-5407 636-462-1071bekah.schmidt@toyota.com kim.ogle@toyota.com leah.almeling@toyota.com
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SOURCE Toyota Motor North America