Toyota Motor North America, Inc. · New York, NY United States
Company Description
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A wholly owned subsidiary of Toyota Motor Corporation , Toyota Motor North America (TMA) is the holding company for all of its parent's North American operations, covering sales, engineering, and manufacturing subsidiaries from offices in New York, Miami, and Washington, DC. It oversees functions related to government and regulatory affairs, energy, economic research, philanthropy, advertising, corporate communications, and investor relations. Through it's manufacturing operations, Toyota Motor Engineering & Manufacturing North America (TEMA), Toyota builds vehicles and parts at 13 plants in North America. To date, Toyota has invested more than $21 billion in its North American operations, which began in 1957. To read the full description, subscribe now.
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Key Toyota Motor North America, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | March |
| Employees | 8,950 |
Toyota Motor North America, Inc. Executives
3 executives listed for Toyota Motor North America, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| President and COO; Chairman and CEO, Toyota Motor Sales, U.S.A., Inc. | Yoshimi Inaba | Network |
| SVP and Secretary | Dian Ogilvie | Network |
| Group VP, Public Policy and Government and Industry Affairs | Josephine Cooper | Network |
Competition
Competitive Landscape for Toyota Motor North America, Inc.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Toyota Motor North America, Inc. Competitors
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