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The Japanese automobile components and technology company, Aisin AW, has confirmed plans on a $400 million project. This comes at the heels of Toyota Motor Corp. announcement for its $391 million investment in its current San Antonio truck manufacturing plant.
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Toyota plans to upgrade its manufacturing technologies within the plant, and the footprint may expand in some areas as a result. Although no timeline was provided, Toyota estimates its total investment in the plant will exceed $3 billion when complete.
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It is too early to know the full impact of Toyota‘s recent announcement to suspend production at five North American plants. Toyota, the world’s largest automaker, needs time to assess and coordinate activities related to the recall of eight vehicle models due to accelerator pedals that stick.
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In an effort to streamline production capacity, Toyota Motor Corp. released a statement on August 28, 2009 stating that it will stop making the Tacoma pickup at the New United Motor Manufacturing, Inc. (NUMMI) plant in Fremont, California in March 2010, despite the hefty incentives offered to keep the facility open. Fremont’s loss is San […]
In the wake of restructuring, General Motors pulled out of the New United Motor Manufacturing, Inc. (NUMMI) joint venture with Toyota. Read more in The New York Times article dated June 29, 2009, As a result, the future of the Fremont, California NUMMI manufacturing plant is now uncertain. News 4 WOAI reported that Toyota is […]
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