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Toyota to end Corolla production in Ontario with new plant in Mexico
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Toyota to end Corolla production in Ontario with new plant in Mexico
by Goldiegirl Thu Apr 23, 2015 1:36 pm
Another reason to NOT buy these damn Japanese pieces of crap.
Both of my vehicles are made in Canada and USA...Chrysler and GM. I would never buy this JAP CRAP.
Toyota to end Corolla production in Ontario with new plant in Mexico
Chang-Ran Kim, Reuters
First posted: Wednesday, April 15, 2015 10:21 AM EDT | Updated: Wednesday, April 15, 2015 12:53 PM EDT
New cars are seen at the Toyota plant in Cambridge, Ont., March 31, 2014. (REUTERS/Mark Blinch)
TOKYO - Toyota Motor Corp said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on its global rivals.
The world's largest automaker by sales volume said it would build a $1 billion plant with an annual production capacity of 200,000 cars in the central Mexican state of Guanajuato, increasing its overall North American production capacity by about the same number of vehicles.
That plant, Toyota's first in Mexico, would have about 2,000 workers, the company said.
It also will be the first built from the ground up under the Toyota New Global Architecture strategy, the automaker's new approach to engineering and building vehicles, Jim Lentz, head of Toyota's North American operations, said in an interview on Wednesday.
Toyota said investment for the Guanajuato plant would likely be about 40% less than comparable investments in 2008. The Guanajuato site will be a model for other factories globally, Lentz said.
Toyota plans to move production of its Corolla compact car to the new Mexican plant in 2019 from a factory in Cambridge, Ontario.
That Canadian plant will get a new product, Lentz said, as part of a realignment of Toyota's North American manufacturing that will concentrate production of low-margin, small cars in Mexico and at a Mississippi factory currently building the Corolla.
Toyota plants in Canada and the central United States will focus on larger, expensive cars and sport utilities. Pickup truck production will remain in Texas and Mexico, Lentz said.
In China, Toyota said it would spend about 52.5 billion yen ($440 million) to add a new facility and a third line at its factory in Guangzhou, owned jointly with Guangzhou Automobile Group Co Ltd. The line could start production in 2017 with capacity to make about 100,000 cars a year.
Wednesday's moves officially end Toyota President Akio Toyoda's three-year moratorium on capacity expansion, and increase pressure on the Japanese automaker's rivals, including Volkswagen AG and Detroit automakers General Motors Co and Ford Motor Co.
Toyota's sales took a hit during the 2007-2009 recession and after a 2010 recall scandal. Toyota says it is now using about 90% of its total manufacturing capacity, versus about 70% in 2009.
With the new Mexican plant, Lentz said, "We've expanded as much as we need to at this point."
http://www.torontosun.com/2015/04/15/toyota-to-end-corolla-production-in-ontario-with-new-plant-in-mexico
Both of my vehicles are made in Canada and USA...Chrysler and GM. I would never buy this JAP CRAP.
Toyota to end Corolla production in Ontario with new plant in Mexico
Chang-Ran Kim, Reuters
First posted: Wednesday, April 15, 2015 10:21 AM EDT | Updated: Wednesday, April 15, 2015 12:53 PM EDT
New cars are seen at the Toyota plant in Cambridge, Ont., March 31, 2014. (REUTERS/Mark Blinch) Related Stories
- Auto plant closures help drag down Canadian factory sales
- Southwestern Ontario nervous as Toyota moves production to Mexico
TOKYO - Toyota Motor Corp said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on its global rivals.
The world's largest automaker by sales volume said it would build a $1 billion plant with an annual production capacity of 200,000 cars in the central Mexican state of Guanajuato, increasing its overall North American production capacity by about the same number of vehicles.
That plant, Toyota's first in Mexico, would have about 2,000 workers, the company said.
It also will be the first built from the ground up under the Toyota New Global Architecture strategy, the automaker's new approach to engineering and building vehicles, Jim Lentz, head of Toyota's North American operations, said in an interview on Wednesday.
Toyota said investment for the Guanajuato plant would likely be about 40% less than comparable investments in 2008. The Guanajuato site will be a model for other factories globally, Lentz said.
Toyota plans to move production of its Corolla compact car to the new Mexican plant in 2019 from a factory in Cambridge, Ontario.
That Canadian plant will get a new product, Lentz said, as part of a realignment of Toyota's North American manufacturing that will concentrate production of low-margin, small cars in Mexico and at a Mississippi factory currently building the Corolla.
Toyota plants in Canada and the central United States will focus on larger, expensive cars and sport utilities. Pickup truck production will remain in Texas and Mexico, Lentz said.
In China, Toyota said it would spend about 52.5 billion yen ($440 million) to add a new facility and a third line at its factory in Guangzhou, owned jointly with Guangzhou Automobile Group Co Ltd. The line could start production in 2017 with capacity to make about 100,000 cars a year.
Wednesday's moves officially end Toyota President Akio Toyoda's three-year moratorium on capacity expansion, and increase pressure on the Japanese automaker's rivals, including Volkswagen AG and Detroit automakers General Motors Co and Ford Motor Co.
Toyota's sales took a hit during the 2007-2009 recession and after a 2010 recall scandal. Toyota says it is now using about 90% of its total manufacturing capacity, versus about 70% in 2009.
With the new Mexican plant, Lentz said, "We've expanded as much as we need to at this point."
http://www.torontosun.com/2015/04/15/toyota-to-end-corolla-production-in-ontario-with-new-plant-in-mexico
Goldiegirl- Elite Member
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Re: Toyota to end Corolla production in Ontario with new plant in Mexico
by Terbo56 Thu Apr 23, 2015 1:41 pm
That's all I drive is a Chrysler Product, Dodge Trucks, etc-
Terbo56- VIP Member
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Re: Toyota to end Corolla production in Ontario with new plant in Mexico
by Terbo56 Thu Apr 23, 2015 1:44 pm
The Toyota Camry is dependable and reliable, yet economical to own, one of the better cars they make-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Toyota to end Corolla production in Ontario with new plant in Mexico
by Goldiegirl Thu Apr 23, 2015 1:58 pm
Yes Terbo I rented one once. The handle broke off as I was tying to get out of the car. Crap plastic.
Goldiegirl- Elite Member
- Posts : 1457
Join date : 2014-03-12
Location : Hiding in a snow covered mountain
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