Toyota Increases Export of American Made Cars
Between the relatively low value of the dollar and the steadily increasing demand for vehicles world-wide, Toyota has announced that they will continue to increase the number of U.S. made vehicles exported around the world. This increase in exports is great news for U.S. workers, and it challenges the notion that so-called ‘foreign’ automakers are bad for the U.S. economy.
Specifically, Toyota announced that the U.S. built Sienna van will now be exported to South Korea. While the initial expectation is that there will only be a small number of Siennas sent overseas, this is good news for the folks that produce the Sienna at the Toyota Motor Manufacturing plant in Princeton, IN (TMMI) and the American economy in general.
With worldwide demand for Toyota cars and trucks increasing, Toyota’s U.S. exports increased 30 percent in 2010 and they will now be shipping U. S. manufactured vehicles to 19 countries.
In addition to exporting the Sienna now, Toyota also exports the Avalon sedan from Georgetown, KY, the Sequoia SUV from Princeton, IN, and the Tundra and Tacoma pickup trucks from the San Antonio, TX. These three plants employ approximately 12,500 workers and create/ support another 65,000 jobs for U.S. vendors and suppliers.
“Toyota’s North American operations are constantly working to identify and expand new export opportunities for the vehicles we produce here, building on our extensive investments in auto production, research and development in the U.S. and helping to maintain a strong, stable base of jobs,” said Yoshimi Inaba, president and COO of Toyota Motor North America, Inc. “With this development and other possible achievements in the future, we hope to continue boosting exports from our North American operations.”
While Toyota is often still seen as a ‘foreign’ company, their American roots continue to grow with many U.S. families now grateful for employment opportunities Toyota continues to create. As more and more Americans get clued into the idea that we are in a global economy, companies that create good jobs like Toyota will lose the ‘foreign’ moniker.
What’s more, the dollar shows no signs of increasing relative to other important world currencies. As a result, look for Toyota to export more and more vehicles out of the USA as time goes by.
Filed Under: Auto News