Toyota's North American Vehicle Production At Record Levels In 2007

January 11, 2008 - Erlanger, KY - Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) boosted vehicle and engine production to record levels at its North American plants in 2007. Toyota built 1,671,009 vehicles, an eight percent increase, and 1,571,872 engines, a 10% increase. Gains are largely attributed to Tundra production ramp-up in Texas and Camry production in Indiana.

North American Toyota production began in 1984 and has grown steadily over the years. Toyota's production has increased 39% over the last five years. In addition, this year Toyota will build its 20 millionth vehicle in North America including the 5 millionth Corolla.

Toyota produces 11 models in North America: Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sequoia, Sienna, Solara, Tacoma, Tundra and Lexus RX350 in North America.

Toyota is preparing to increase vehicle capacity to approximately 2.2 million units by 2010.

In 2008 and beyond:
• Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) will produce the Venza crossover sedan starting this fall.
• A new Toyota plant in Woodstock, Ontario will open late in the year with the capacity to build 150,000 RAV4s.
• In 2010, Toyota Motor Manufacturing Mississippi, Inc. (TMMMS) will open with the capacity to produce 150,000 Highlanders.

In 2007, the following projects were completed:
• Toyota Motor Manufacturing, West Virginia (TMMWV) completed an expansion resulting in increased production of 240,000 transmissions and 150 new jobs.
• Subaru Indiana Automotive, Inc. (SIA) began production of the Camry in April, adding 1,000 jobs. Toyota owns a stake in SIA's parent, Fuji Heavy Industries.
• Toyota Motor Manufacturing Baja California (TMMBC) increased its Tacoma capacity by 20,000 units to 50,000 and truck bed capacity by 20,000 to 200,000.
• The following vehicles hit North American production milestones: Tacoma (3 million), Avalon (1 million) and Tundra (1 million).

Toyota North American Vehicle Production - 2007

Manufacturing Site

Model

# Units

Toyota Motor Manufacturing, Kentucky, Inc. (TMMK)

Avalon

76,186

Camry

358,078

Camry Hybrid

51,847

Solara

28,479

Total

514,590

New United Motor Manufacturing, Inc.

(NUMMI)*

Corolla

200,194

Tacoma

158,325

Total

358,519

Toyota Motor Manufacturing Canada, Inc.

(TMMC)

Corolla

159,297

Matrix

65,378

RX 350

78,074

Total

302,749

Toyota Motor Manufacturing, Indiana, Inc.

(TMMI)

Tundra

101,482

Sequoia

23,488

Sienna

159,453

Total

284,423

Toyota Motor Manufacturing de Baja California (TMMBC)

Tacoma

34,100

Total

34,100

Toyota Motor Manufacturing Texas, Inc. (TMMTX)

Tundra

138,619  

Total

138,619

Subaru Indiana Automotive, Inc. (SIA)

Camry

38,009

Total

38,009

Total 2007 North American Vehicle Production*  

1,671,009

*Total does not include General Motors vehicles built at NUMMI, a joint-venture between Toyota and General Motors in Fremont, Calif. In 2007, NUMMI manufactured 49,371 Pontiac Vibe vehicles.

Toyota North American Engine Production – 2007

Manufacturing Site

Engine

# Units

Toyota Motor Manufacturing, Kentucky, Inc. (TMMK)

4-cylinder

359,576

V6

175,016

Total

 

 

534,592

Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV)*

4-cylinder

214,535

V6

199,891

Total

414,426

Toyota Motor Manufacturing Canada, Inc.

(TMMC)

4-cylinder (assembly)

223,665

Total

223,665

Toyota Motor Manufacturing, Alabama, Inc. (TMMAL)

V6 (assembly)

147,941

V8

251,248  

Total

399,189

Total 2007 North American Engine Production  

1,571,872


*TMMWV's total automatic transmission production for 2007 was 375,933.

In addition to the above mentioned plants, Toyota subsidiary Bodine Aluminum, Inc., in Tennessee and Missouri, casts aluminum parts such as cylinder heads, intake manifolds, engine brackets and engine blocks. TABC, Inc. in Long Beach, California, manufactures truck beds, catalytic converters, stamped 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  2007		        1,671,009		   8%  2006		        1,553,790	        Unchanged  2005		        1,558,895		   8%  2004		        1,443,889		  13%  2003		        1,278,359		   6%    

Year Engine Production YOY Change 2007 1,571,872 10% 2006 1,428,662 10% 2005 1,295,227 2% 2004 1,273,437 15% 2003 1,112,074 12%


About Toyota
Toyota (NYSE:TM) established operations in North America in 1957 and will operate 15 manufacturing plants in North America by 2010. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America which sold more than 2.9 million vehicles in 2007. Toyota directly employs over 42,000 in North America and its investment here is currently valued at more than $19 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's purchasing of parts, materials, goods and services from North American suppliers totals more than $30 billion per year.

Toyota currently produces 11 vehicles in North America, including the Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra and the Lexus RX 350. By 2010, Toyota will have the annual capacity to build approximately 2.2 million cars and trucks, 1.45 million engines and 600,000 automatic transmissions. For more information about Toyota, visit www.toyota.com.