Toyota Motor Corporation President Akio Toyoda will make an announcement tomorrow morning about increasing production in North American. The world’s largest automaker is heavily klonopin online cheap dependent on the North American market for profits and the strong Japanese Yen has been hurting returns for several years by decreasing the value of imports from Japan.
Particularly vulnerable to the ongoing negative currency effect are Toyota’s Scion and Lexus brands, which remain heavily dependent on imports rather than local production. Lexus is the obvious choice for more North American production beyond the limited number of vehicles produced in Ontario, Canada.
Joining Akio Toyoda at a presentation in New York City, where Toyota stock is traded, will be Jim Lentz, Chief Executive Officer of the North America Region. No further details were released. More will be forthcoming on AutoInformed.com tomorrow.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
