Toyota to Offer USA Some More Love Starting August
Toyota Motor Company has announced that it will ramp up production in the United States of all models starting in August, with full scale production expected by November or December.
Toyota, presently operating at just 30 percent capacity in their North American plants, announced this increase in production in a new release. The production decrease is owed to a shortage of key parts following last month’s disastrous earthquake and tsunami in Japan.
Despite the tragic event that took place in March, Japan still remains a key source of Toyota's materials, with other suppliers chipping in as mere substitutes. It is also interesting to note that despite a few hiccups in assembling the main parts, replacement parts for service and repair are available aplenty.
Toyota seemed to have been hugely affected by the natural calamities striking Japan and this showed in the steady decline in their productivity and share value. Despite all this, the automobile giant refuses to resort to staff layoffs to cut down on costs.
"Our entire company is committed to solving the problems before us so that we can achieve production recovery even one day sooner,” said Akio Toyoda, president of Toyota Motor Corp., in the release.
With Japan on its way to recovery and Toyota determined to make a comeback of sorts, we think its a great time to start saving up on some $$$ as we expect Toyota to really floor us with their new upcoming models.
In the meantime, take a look at the leaked pictures of Toyota Yaris 2012 model.
Via Biz Journals
Toyota Motor Engineering & Manufacturing North America Inc. is based in Erlanger, Ky. The company operates four U.S. plants, including one in Georgetown, Ky., that makes the Camry, Camry Hybrid, Avalon and Venza models as well as 4-cylinder and V6 engines. It has employed about 6,800 people.