Building Boom At Toyota


Toyota is getting out of the carmageddon-caused and recall-related funk and is moving forward with worldwide expansion plans. According to The Nikkei [sub], Toyota has resurrected all key projects planned before the financial crisis.
In Brazil, Toyota will build its second assembly plant. Plans had been put on hold when the financial crisis hit, now they are being revived.
With an annual output capacity of slightly more than 100,000 units, the plant will produce out small cars for the local market as early as next year.
Plans for the plant were drawn up in summer 2008, but the project was frozen as new-vehicle sales dropped. In the recovery since then, the Brazilian automobile market grew 11% to 3.14 million units last year. And through the first four months of this year, Brazil has surpassed Germany in auto sales to become the world’s fourth-largest market after China, the U.S. and Japan.
As reported by our man in Brazil, Fiat, VW and GM hold more than 60 percent of the Brazilian market. Toyota was in the #8 slot in May. Toyota hopes that the launch of a new model, designed especially for emerging markets will bump up its market share and ranking.
In the U.S.A., Toyota will bring a factory in t Mississippi on-stream in mid-2011. That facility was slated to start operations this year, but was put on halt. The plant will will churn out about 100,000 Corollas a year.
In China, the also originally suspended plant in Changchun is going ahead.
Once continent’s gain, is the other continent’s loss: Toyota will “consolidate” assembly lines in Japan and the U.K.
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"Toyota will bring a factory in Mississippi on-stream in mid-2011" Puzzling that Toyota does not opt to build a factory in Michigan and get a big quality boost from employing an all UAW assembly line work force.
With all due respect to the two comments above. You would be shocked to know how little input the assembly line worker,UAW/CAW,or non union transplant assembler has to the final quality of the finished product.
Interesting photo. That is a Komatsu tractor to the right and looks like to the left also. The plant will have have Hitachi machinery, Asahi robots ... etc. Do Ya'll get it now??
I wonder how many cars Toyota thinks they can sell in North America with these plants? There is already a massive overcapacity issue here to start, how can this possibly help? And, why the US and not Mexico? The same goes for VW. That new mid-sized car better be a killer, otherwise I see shades of Westmoreland Township again.