First, Toyota Motor Corp. outsold Volkswagen Group and General Motors Co. for a third straight quarter! (source) Last year Toyota remained the best-selling global car maker in 2013 with a volume of 9.98 million. For President Akio Toyoda, last quarter capped what the company estimates to have been its most profitable fiscal year as Toyota projects a record $18.5 billion. In January, Automotive News Europe reported that Toyota predicted it would breach the 10-million milestone this year, with sales of 10.32 million.
Second, here's an announcement coming straight from the Toyota US news room!
Toyota to Establish New North American Headquarters in Plano, Texas; Expands Toyota Technical Center (TTC) in Michigan
Toyota announced it will unite its multiple U.S. affiliate headquarters at a new headquarters campus in the North Dallas community of Plano, Texas. When construction is complete in late 2016 or early 2017, the new North American headquarters will be home to a company better positioned for more sustainable, long-term growth. Current headquarters locations —Toyota Motor Sales, U.S.A., (TMS) in Torrance, Calif., Toyota Motor Engineering and Manufacturing North America (TEMA) in Erlanger, Ky., and Toyota Motor North America (TMA) in New York, N.Y., together with Toyota Financial Services (TFS) — will relocate to a single, state-of-the-art, environmentally-sustainable campus in Plano. At the same time, the Company will expand its Toyota Technical Center (TTC) to accommodate the relocation of direct procurement from Erlanger, Ky., to York, Mich. Production Engineering in Erlanger also will move to TMMK in Georgetown, Ky. The transition of approximately 3,000 associates and team members from TMS, TEMA and TMA will begin with initial small groups this summer. The majority of associates and team members will not move until construction of Toyota’s new headquarters is complete, which will be two years or more after the groundbreaking in the fall of this year. TFS in Torrance also plans to move its headquarters to the new, shared campus in Plano. This move, which is not expected to begin until 2017, affects approximately 1,000 associates at TFS’ headquarters.
- Unifying our headquarters in Plano will strengthen our ability to put customers first and to continue making great products that exceed their expectations.
- Customers won’t notice any changes. Dealerships are not moving and parts supply is going to continue as before. And there will certainly not be any disruption in vehicle deliveries.
- The customer experience they have come to expect from Toyota will continue as before, with the same level of quality and customer service.
As you can see, Lipton Toyota will not be impacted by this move. But, if any of our customers have questions regarding Toyota's announcement, we encourage you to click here, and you can talk to the dealer directly!
