Management Shake-Up at Toyota Increases Role of U.S. Execs
Toyota has announced a major shake-up in its global management structure significantly increasing the role of the North American market – and senior U.S. executives. Jim Lentz will now oversee all...
View ArticleToyota Investing $500 Mil to Build Lexus ES in US
Toyota Motor Co. is expected to announce today plans to invest more than $500 million in its Georgetown, Kentucky plant to produce its Lexus ES sedan - the first time it will produce one of the luxury...
View ArticleToyota Confirms Lexus ES Production Moving to the U.S.
Toyota Motor Co. President Akio Toyota confirmed today the maker will invest more than $500 million in its Georgetown, Kentucky plant to move production of one of its Lexus luxury vehicles to the U.S....
View ArticleAdding Major New Lexus Model a Key Reason Older ES Sedan Coming to US
While lopsided exchange rates may be one reason Lexus will start building the ES sedan in the US in 2015, TheDetroitBureau.com has learned that the move was also triggered by the need to use the...
View ArticleToyota’s Lentz Maps out Company’s Future in U.S.
When the future gets here and we’re all driving, or riding in, autonomous cars, the Toyota badge may not be on the side of your ride, according to Jim Lentz, Toyota North America CEO. He recently...
View ArticleToyota Predicts 100,000-Unit Sales Jump in 2014
Toyota expects to sell 100,000 more vehicles this year than it did in 2013 even as total cars sales in the U.S. begin to level off. Toyota's U.S. Chief Jim Lentz said the automaker expects sales to hit...
View ArticleBig Changes in Toyota Management
Toyota is making some big changes to its senior management, and while most of the moves focus on the critical North American market, the world’s largest automaker also plans to shatter Japan’s glass...
View ArticleWeak Auto Sales Lead to New Ford Layoffs
Ford Motor Co. will temporarily drop a shift at a pickup plant in Ohio due to slowing sales, a move that will idle 130 hourly workers. It's the latest sign the auto industry may be cutting back as the...
View ArticleToyota Earnings Soar on Global Sales Surge
Toyota delivered a solid, 28% increase in net earnings for the most recent quarter. driven by strong sales in most key markets. But it is struggling a bit in the U.S., as TheDetroitBureau.com reports.
View ArticleIs Toyota Next to Pare Back its Passenger Car Line?
Ford, FCA and other manufacturers have begun pairing back slow-selling passenger car models and shifting focus to hot SUVs and CUVs. Could Toyota be next? The Japanese giant's US CEO reveals he's...
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