News dalla rete ITA

15 Marzo 2019

Stati Uniti


Toyota plans to invest an additional $3 billion in U.S. manufacturing plants as the Japanese automaker bolsters its North American production presence amid concerns about tariffs. The automaker deepened its commitment to American factories with plans to invest $13 billion in the period from 2017 to 2022, up from a previous plan of $10 billion. On Thursday, the company specified plans to invest $749 million and hire 568 new workers at existing operations in Alabama, Kentucky, Missouri, Tennessee and West Virginia. That includes adding the Toyota RAV4 Hybrid and Lexus ES 300H hybrid to its sprawling factory in Georgetown, Kentucky. It also includes increased engine capacity at the Huntsville, Alabama, plant, including 450 jobs by the end of 2021. Toyota came under fire from President Donald Trump in 2017 for making vehicles in Mexico. The company continues to manufacture vehicles there but has announced plans to build more vehicles in the U.S. amid concerns about the potential impact of tariffs threatened by Trump and foreign countries amid various trade disputes. Toyota North America CEO Jim Lentz acknowledged Thursday that the company has its "eye on trade" and the president's decision, expected soon, on potential additional tariffs. "All this economic activity I hope shows that we’re a plus factor to the economic security of the United States," said Chris Reynolds, a Toyota North America manufacturing executive. Still, Lentz said the "No. 1 driver" of the new investments "has been the consumer and what has become their insatiable appetite for light trucks versus passenger cars." In other words, the nation's SUV boom is forcing Toyota to pivot more investments toward larger vehicles. For example, the RAV4 Hybrid marks the first SUV at the Georgetown, Kentucky, plant, which has until now only made passenger cars. The announcement comes as Toyota is continuing construction of a new assembly plant in Alabama that will be operated in a joint venture with Japanese automaker Mazda. Lentz said Toyota has announced about $5 billion of the $13 billion in investments so far. Automotive The Italian Trade Agency Chicago Office handles the automotive sector for the US market, supporting Italian manufacturers looking to supply US companies for their manufacturing and technology needs. The Agency via the Chicago Office participated at the annual SEMA/AAPEX show, which focuses on the automotive sector, in Las Vegas this past fall. Link: (ICE CHICAGO)

Fonte notizia: