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CAR Study Shows Toyota’s Substantial Impact to U.S. Economy

CAR Study Shows Toyota’s Substantial Impact to U.S. Economy

ERLANGER, Ky. (December 15, 2016) - Hundreds of thousands of jobs. Billions of dollars in payroll.  That is just part of the impact Toyota has on the U.S. economy.  A new study released today by the Center for Automotive Research (CAR) estimates the employment and economic contribution of Toyota Motor North America’s operations and activities to the United States economy.  CAR’s analysis found that Toyota has a total employment impact of 470,100 jobs, $32.3 billion in private non-farm payroll (0.35 percent of total U.S. private compensation) that results in $23.6 billion in net disposable income for individuals.  Each Toyota job creates employment for 6.1 others at suppliers or manufacturing support companies.
 
The complete report is available now on CAR’s website:
http://www.cargroup.org/?module=Publications&event=View&pubID=147

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Toyota User Experience (UX) Seizes the Consumer Electronics Show Stage

TORRANCE, Calif. (Dec. 14, 2016) – Toyota will showcase a new concept vehicle at the 2017 Consumer Electronics Show in Las Vegas, Nevada that highlights the critical importance of UX in the development of highly automated vehicles and robots.  The vehicle will be featured during Toyota’s press conference on Wednesday, January 4th at 1:00 pm PT at the Mandalay Bay Convention Center. 

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Toyota Develops TNGA-based Powertrain Units for Smooth, Responsive, ‘As Desired’ Driving

Toyota City, Japan, December 6, 2016 -- Toyota Motor Corporation, in pursuit of superb driving and environmental performance, and based on the Toyota New Global Architecture (TNGA) structural reform for making ever-better cars, has developed advanced engines and transmissions and further evolved its hybrid systems. Toyota intends to deploy these new powertrain units in a rapidly broadening range of vehicle models, starting in 2017.

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