Toyota in the News - May 2011
Always keeping you informed of the latest from Toyota – You can always stop by Daytona Toyota for more information.
Toyota to Boost North American Production Earlier Than Expected
Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) will boost production earlier than expected following the March 11 earthquake and tsunami in Japan. Beginning in June, overall North American production will reach approximately 70 percent of normal levels, up from approximately 30 percent in May.
The improvement in parts availability from Japan is the result of countermeasure activities implemented by affected suppliers. Toyota will continue to evaluate production model-by-model on a monthly basis, with a goal to return to fully normalized production by late this year.
Models returning to 100 percent production in June are Avalon, Camry, Corolla, Highlander, Matrix, Sequoia, Sienna and Venza.
“Our team members and suppliers are working closely on countermeasure activities to improve the parts condition from Japan. We continue to develop solutions in order to restore 100 percent production as soon as possible for all of our North American-made vehicles,” said Steve St. Angelo, executive vice president of TEMA. “We appreciate the patience of our customers and dealers.”
More information.
College Graduates Offered Additional $1,000 on Select New Toyota and Scion Vehicles
As we mentioned in last month’s blog, May is college graduation time. And for many new grads that means entry into the “real world” – a world in which credit and extra cash can be in tight supply. To assist college grads in the market for a new vehicle, Toyota Financial Services (TFS), in partnership with Toyota Motor Sales, is offering qualified college graduates a $1,000 rebate toward the purchase or lease of select new Toyota vehicles, including the Corolla, Matrix, RAV4, Camry (excludes Camry hybrid), Tacoma and Yaris and all new Scion models when financed or leased through a participating Toyota dealer and TFS.
“Scion and Toyota vehicles are consistently some of the most popular vehicles among young adults, but more importantly, they provide dependable and safe transportation for new graduates getting to new jobs,” said Mike Groff, TFS Group Vice President of Sales, Marketing & Product Development. “We understand that it’s certainly a tough time to be entering this economy, so it’s our hope that this $1,000 rebate, which can be coupled with other incentives, gives these new grads a break and gets them securely started on their next phase of life.”
In addition, qualified college graduates are also eligible for the College Graduate Finance Program (applicable for all new Toyota/Lexus/Scion models) which offers a highly competitive APR/lease terms and features such as:
• No money down and no monthly payments for the first 90 days on select finance programs
• Security deposit waiver for lease
• More information.
Toyota Announces Opening of First Pipeline-Fed Hydrogen Station in the United States
Motor Sales, U.S.A., Inc. (TMS) last week celebrated the opening of the first hydrogen fueling station in the U.S. fed directly from an active industrial hydrogen pipeline. The station is a collaborative effort between Toyota, Air Products, Shell, South Coast Air Quality Management District (SCAQMD) and the Department of Energy (DOE). The facility will provide hydrogen for the Toyota fuel cell hybrid demonstration program vehicles as well as other manufacturers’ fuel cell vehicle fleets in the Los Angeles area.
The system is scheduled for installation in 2012 and is estimated to reduce CO2 emissions by 10,000 tons with emission-free fuel cell technology. Plans include using heat created by the fuel cell system to provide hot water and space heating in the Toyota employee fitness center and in the Lexus headquarter building within the TMS headquarters campus. Use of this heat will offset natural gas consumption on campus, thereby avoiding an estimated additional 28 tons of CO2 emissions annually.
• Shell Demonstration Station Supports Ongoing Toyota Fuel Cell Hybrid Vehicle Demo Program
• Hydrogen Pipeline Will Also Fuel Stationary Fuel Cell on Toyota Campus
• More information.
“Daytona Toyota is a family owned dealership serving the needs of our customers throughout Florida. We sincerely appreciate the opportunity to earn your business not just today… but for many years to come. To do that we know we have to exceed all of your expectations.” Gib Dannehower - Dealer
We offer a wide range of automotive services to make every step of your ownership experience as easy as possible, whether you’re shopping around, or need repairs from Toyota experts.
To help you find just what you’re looking for, our new inventory and pre-owned inventory search provides plenty of options. And when you’re ready, quick credit approvals and online financing help make your purchase go smoothly and efficiently. Then, schedule your service online and get the expertise of Toyota factory-trained service technicians. All these options at your convenience — with the quality and dependability you can expect from Toyota.
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