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Toyota Motor Corporation, Toyota Motor North America to Absorb Toyota InfoTechnology Center

Toyota Motor Corporation, Toyota Motor North America to Absorb Toyota InfoTechnology Center

TOYOTA CITY, Japan (July 20, 2018)—Toyota Motor Corporation (TMC) is to absorb the research and development functions of its wholly owned subsidiary, Toyota InfoTechnology Center (ITC Japan) into its in-house Connected Company by March 2019. It also plans to absorb the research and development functions of Toyota InfoTechnology Center, U.S.A. (ITC U.S.A.), a wholly owned subsidiary of ITC Japan, into Toyota Motor North America (TMNA).
 

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Toyota Production Workers Oppose Tariffs

Toyota Production Workers Oppose Tariffs

WASHINGTON (July 19, 2018) —Dozens of employees from Toyota’s 10 U.S. assembly plants were in Washington, D.C., today to oppose the government’s threat to impose a 25% tariff on imported vehicles and parts. They were joined by U.S. production workers from other international automakers from across the country. To draw attention to the automakers’ U.S.-built vehicles, a caravan of cars and trucks circled the Capitol during a Commerce Department hearing examining whether auto imports are a “threat to national security.” Toyota exports eight of its U.S. models to 31 countries. If tariffs are imposed, Toyota estimates the cost of the Kentucky-built Toyota Camry will increase by $1,800, the Texas-built Tundra truck by $2,800 and the Indiana-built Sienna minivan by $3,000. The government is expected to decide later this year on whether to impose tariffs. For more information and to view video clips, click here

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