ERLANGER, Ky., June 26 /PRNewswire-FirstCall/ -- Toyota Motor Corporation
(TMC) announced the following North American appointments today:
-- Mr. Tetsuo Agata was appointed president and chief operating officer of
Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) and was
promoted to senior managing director of TMC.
-- Mr. Shigeki Terashi was appointed executive vice president of TEMA,
president of Toyota Technical Center (TTC) and was promoted to managing
officer of TMC.
Mr. Agata, most recently executive vice president, R&D / Manufacturing
Company, Toyota Motor Europe, replaces Mr. Seiichi Sudo. Mr. Sudo has been
named president of Toyota Motor Kyushu, Inc. in Japan.
Mr. Terashi, most recently chief executive engineer Toyota Development
Center 1, in Japan, replaces Mr. Yasuhiko Ichihashi. Mr. Ichihashi will
return to TMC where he will assume new responsibilities in global R&D
activities as a senior managing director.
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 annual purchasing of
parts, materials, goods and services from North American suppliers totals more
than $30 billion.
Toyota currently produces 10 vehicles in North America, including the
Avalon, Camry, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra and
the Lexus RX 350. Late this year, a new plant in Ontario will begin building
the RAV4, and in 2010, a new plant in Mississippi will build the Highlander.
By 2010, Toyota will have the annual capacity to build approximately 2.2
million cars and trucks, 1.49 million engines and 425,000 automatic
transmissions. For more information about Toyota, visit www.toyota.com .
SOURCE Toyota Motor Engineering & Manufacturing North America, Inc.
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