KARIYA, Japan—Toyota Motor Corp. unveiled to the media last week its historic plant here, which is where the company’s first prototype vehicle was developed in the early years of the Showa era (1926-1989). Called “The Prototype Plant at the Establishment of Toyota,” it has an atmosphere of the early days of the domestic auto industry. The plant will open to the public from July 18.
BLUE SPRINGS, MS--Toyota Motor Corp. is investing $170 million at its assembly plant here to build the 12th-generation Corolla sedan, creating 400 jobs. The small car is moving to a new platform known as Toyota New Global Architecture, and production lines will be replaced as part of the investment.
Last month, Mazda and Toyota selected Huntsville, AL, as the site of a new joint-venture assembly plant. The factory will have the capacity to build 300,000 vehicles annually, with production split evenly between the two companies. Mazda intends to use the facility to produce a new crossover model for the North American market, while Toyota will use the factory to make Corollas.
MONTGOMERY, AL—Mazda and Toyota have selected Huntsville, AL, as the site of their new joint-venture assembly plant. The $1.6 billion factory will have the capacity to build 300,000 vehicles annually and is expected to create up to 4,000 jobs.
TOKYO—Alabama and North Carolina are the final states in the running to win a prized Toyota Motor Corp. and Mazda Motor Corp. joint car factory worth $1.6 billion. A dozen states, including Tennessee, Texas and South Carolina, had been in contention.
WASHINGTON—Toyota Motor Corp. and rival Mazda Motor Corp. are planning to build a $1.6 billion U.S assembly plant as part of a new joint venture. The plant will be capable of producing 300,000 vehicles a year, with production divided between the two automakers.
TOKYO—Toyota Motor Corp. wants to smooth the oft-bumpy ride for startup companies by forming a new venture capital business. Armed with an initial $100 million to invest, Toyota AI Ventures will seek companies that are taking on challenging research related to artificial intelligence and robotics.
DETROIT--Toyota’s plan to invest $10 billion in the U.S. over five years includes spending more than a billion dollars at the Georgetown auto assembly plant. The Japanese automaker executives reaffirmed that commitment during the North American International Auto Show here last week.
Mississippi has a robust manufacturing sector that includes world-class companies such as Airbus Helicopters, GE Aviation, Ingalls Shipbuilding, Nissan, Northrop Grumman, Toyota and Viking Range. It’s also home to a world-class organization at the University of Mississippi.
GUANAJUATO, Mexico—Toyota has begun construction on a $1 billion assembly plant here, its fifteenth manufacturing facility in North America. The factory, which will produce the Corolla, is expected to employ approximately 2,000 workers.
