Toyota Announces 2006 North American Production Results
Engine Production Reaches Record Level; Vehicle Capacity to Increase 470,000 Units by 2008
ERLANGER, Ky., Jan. 10 -- Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announced today that the company's North American manufacturing facilities produced 1,553,790 vehicles and 1,428,662 engines in 2006.
In North America, Toyota produces the Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sequoia, Sienna, Solara, Tacoma, Tundra and Lexus RX 350.
Year-over-year, vehicle production was unchanged and engine production was up ten percent to reach a record level. Toyota is currently preparing for numerous start-up and expansion activities in North America that will increase vehicle capacity to two million units by 2008. This represents an additional 470,000 units of vehicle capacity in North America.
"This was a critical year for Toyota as we began production of the next generation Camry, the Camry Hybrid and commenced Tundra production in Texas," said Seiichi Sudo, president and COO of TEMA. "By 2008, Toyota's vehicle capacity will grow 33 percent as we follow our philosophy to build vehicles where we sell them."
This following is a breakdown of Toyota's capacity increase through 2008:
* Toyota Motor Manufacturing, Texas (TMMTX) started operations in
November 2006 and, when at full capacity, will be able to produce
200,000 units of Tundra pickup trucks per year.
* Subaru Indiana Automotive, Inc. (SIA) will begin production of the
Camry this spring and, when at full capacity, will be able to produce
100,000 units annually.
* Toyota Motor Manufacturing de Baja California (TMMBC) will expand
Tacoma truck capacity this year by 20,000 units for total vehicle
capacity of 50,000 units annually.
* Toyota Motor Manufacturing Canada's (TMMC) Woodstock facility will
begin production of the RAV4 in 2008 with capacity of 150,000 units
annually.
Additionally, Toyota anticipates the following projects to come on line in 2007:
* Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV) will produce an
additional 240,000 automatic transmissions for total annual capacity of
600,000 automatic transmissions per year.
* Bodine Aluminum, Inc.'s Jackson, Tennessee plant will increase capacity
to build one million engine blocks and 270,000 cast aluminum
transmission cases and housings.
In 2006, the following projects were completed:
* TMMWV began producing gears for automatic transmissions.
* Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) began production of
the next generation Camry and the Camry Hybrid - Toyota's first hybrid
produced in North America.
* TMMTX began production of the next generation Tundra pickup truck.
* Toyota Motor Manufacturing, Alabama, Inc. (TMMAL) increased V8 engine
production and has the capacity to produce 120,000 V8 and 130,000 V6
engines annually.
Toyota North American Vehicle Production - 2006
Manufacturing Site Model # Units
Toyota Motor Manufacturing, Kentucky, Inc. Avalon 100,014
(TMMK) Camry 358,544
Camry Hybrid 4,249
Solara 41,078
Total 503,885
New United Motor Manufacturing, Inc. Corolla 199,534
(NUMMI)* Tacoma 170,765
Total 370,299
Toyota Motor Manufacturing Canada, Inc. Corolla 161,555
(TMMC) Matrix 78,939
RX 350 76,939
Total 317,433
Toyota Motor Manufacturing, Indiana, Inc. Tundra 118,062
(TMMI) Sequoia 33,917
Sienna 172,211
Total 324,190
Toyota Motor Manufacturing de Baja California Tacoma 34,465
(TMMBC) Total 34,465
Toyota Motor Manufacturing, Texas, Inc. Tundra 3,518
(TMMTX) Total 3,518
Total 2006 North American Vehicle Production* 1,544,790
* Total does not include General Motors vehicles built at New United Motor Manufacturing, Inc. (NUMMI), a joint-venture between Toyota and General Motors in Fremont, California. In 2006, NUMMI manufactured 58,344 Pontiac Vibe vehicles.
Toyota North American Engine Production - 2006
Manufacturing Site Engine # Units
Toyota Motor Manufacturing, Kentucky, Inc. 4-cylinder 338,933
(TMMK) V6 161,537
Total 500,470
Toyota Motor Manufacturing, West Virginia, 4-cylinder 238,032
Inc. V6 196,816
(TMMWV) Total 434,848
Automatic
Transmission
Total 390,245
Toyota Motor Manufacturing Canada, Inc. 4-cylinder
(TMMC) (assembly) 231,302
Total 231,302
Toyota Motor Manufacturing, Alabama, Inc. V6
(TMMAL) (assembly) 145,290
V8 116,752
Total 262,042
Total 2006 North American Engine Production 1,428,662
In addition to the above mentioned plants, Bodine Aluminum, Inc., in Jackson, Tennessee and Troy and St. Louis, Missouri, cast aluminum parts such as cylinder heads, intake manifolds, engine brackets and engine blocks. TABC, Inc. in Long Beach, California, manufactures truck beds, catalytic converters, stamping parts, coated substrates and steering columns, along with Hino Trucks. Canadian Autoparts Toyota, Inc. (CAPTIN) in Delta, British Columbia, produces aluminum wheels.
Toyota's North American vehicle and engine production - five year history:
Year Vehicle Production YOY Change
2006 1,553,790 Unchanged
2005 1,558,895 8%
2004 1,443,889 13%
2003 1,278,359 6%
2002 1,205,486 11%
Year Engine Production YOY Change
2006 1,428,662 10%
2005 1,295,227 2%
2004 1,273,437 15%
2003 1,112,074 12%
2002 988,678 40%
Toyota established operations in North America in 1957. By 2008, Toyota will have the annual capacity to build about two million cars and trucks in 15 plants across North America. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America, which sell more than 2.8 million vehicles a year. Toyota directly employs nearly 40,000 people in North America. Toyota's investment in North America is currently valued at more than $17.6 billion.
