TORRANCE, CA (September 13, 2011) - Addressing the
Los Angeles Motor Press Guild at the Toyota U.S.A. Automobile Museum,
Toyota Motor Engineering & Manufacturing Executive Vice President
Steve St. Angelo today confirmed that Toyota's North American production
has returned to 100 percent.
The recovery is well ahead of initial expectations. Shortly after
the March 11 earthquake and tsunami in Japan, Toyota forecasted a return
to normal production levels by November or December of 2011.
In June, eight of the company's 12 North American built models
returned to 100 percent, including Avalon, Camry, Corolla, Matrix,
Highlander, Sienna, Sequoia and Venza.
Today's announcement confirms 100 percent production of the
remaining four vehicles, including Tacoma, Tundra, RAV 4 and Lexus RX
350. Together, the 12 models account for nearly 70 percent of Toyota's
U.S. sales.
With Japan-based production also restored to normal levels, Toyota
will focus on replenishing dealer inventories through overtime and
Saturday shifts at certain plants. The company estimates production
levels in the fourth quarter will be approximately 15 percent higher
than forecasted prior to the earthquake and tsunami.
Commenting on the announcement, St. Angelo said, "The recovery is a
testament to the dedication and commitment of our North American team
members, suppliers and business partners. All of us at Toyota greatly
appreciate the patience and support of our customers and dealers, many
of whom have made generous donations in support of the relief efforts in
Japan."
He continued, "Looking ahead, we're excited about our extensive
product launch schedule over the coming months, including the all-new
2012 Camry and Camry Hybrid. I have no doubt that our team continues to
be focused on building the highest quality vehicles for our customers."
Separately, the company also confirmed that Toyota's Alabama engine
plant begins four-cylinder engine production this month. The Huntsville
plant, which already builds six- and eight-cylinder engines for trucks,
will build the four-cylinder for Camry, Highlander, RAV4, Venza and
Sienna.
In addition, plans for Toyota's 14th North American
plant in Mississippi remain on track with Corolla production scheduled
to begin in October. The plant is hiring 2,000 team members.