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News Breaks
February 26, 2013
07:07 EDTTMToyota to begin exporting Venza to Russia and Ukraine in 2013
These shipments are expected to build upon Toyota's all-time record export of more than 124,000 U.S.-assembled vehicles to 21 global markets in 2012, an increase of 45% over the prior year. Once production begins in April, Toyota expects to export approximately 5,000 Venza vehicles to Russia and Ukraine during the first year of sales. These vehicles will be built at the company's Georgetown, Ky. plant, which employs about 6,600 team members and represents a $6B investment. The Georgetown plant is the company's largest manufacturing facility outside of Japan. Venza exports to Russia and Ukraine will ship from Brunswick, GA.
News For TM From The Last 14 Days
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March 27, 2015
06:27 EDTTMToyota unveils new manufacturing process, WSJ says
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March 23, 2015
09:05 EDTTMToyota to partner with I.D. Systems on new VMS
Toyota (TM) Material Handling, U.S.A., and I.D. Systems (IDSY) have executed a strategic partnership agreement to develop and deploy a new wireless industrial Vehicle Management System, or VMS. The new VMS will be marketed through the Toyota Industrial Equipment umbrella in North America under the "T-Matics" brand. The T-Matics products were officially launched to Toyota dealers on March 3.
March 22, 2015
17:42 EDTTMToyota close to approving Mexico plant, Reuters says
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March 17, 2015
06:13 EDTTMToyota to offer biggest pay increase for workers in 13 years, WSJ reports
Toyota will raise wages for its workers by the most in 13 years, The Wall Street Journal reports. According to a source, the automaker will raise the monthly pay for a unionized worker in Japan by about 3.2% on average beginning in April; workers will be offered a Y4,000 raise in monthly base pay and a Y7,300 raise in seniority pay, the source adds. Reference Link

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