Cyorke
02-07-2006, 12:32 PM
http://www.businessweek.com/autos/content/feb2006/bw20060206_638946.htm
Toyot will replace 60% of its product lineup in the next two years. THey are not going to stop anytime inteh near future it looks like.
10% PUSH. To achieve that goal, Toyota will increase output at factories in France, Thailand, Indonesia, China, and Texas during 2006. The latter is a brand-new, $850 million factory opening later this year in San Antonio that will eventually churn out 200,000 Tundra pickups a year (see BW, 2/13/06, "Toyota Builds A Truck Even Bubba May Love"). In January, Toyota also announced it's spending $35 million to increase capacity at its Mexican plant.
In the U.S., where Toyota is targeting a 10% increase in sales this year, a remodeled version of the best-selling Camry will go on sale in March, while the Yaris compact, two new Lexus models, and the new Scion xB will all debut during 2006. Next year, a new Corolla is expected as well as two additions to the Lexus lineup -- a compact SUV and a crossover model. According to Kurt Sanger, an analyst at Macquarie Securities in Tokyo, Toyota will replace 60% of its existing model lineup in the next two years in the U.S., not accounting for brand-new models like the FJ Cruiser SUV, which is slated for launch later this year. "The pipeline is overwhelming," Sanger says.
Toyot will replace 60% of its product lineup in the next two years. THey are not going to stop anytime inteh near future it looks like.
10% PUSH. To achieve that goal, Toyota will increase output at factories in France, Thailand, Indonesia, China, and Texas during 2006. The latter is a brand-new, $850 million factory opening later this year in San Antonio that will eventually churn out 200,000 Tundra pickups a year (see BW, 2/13/06, "Toyota Builds A Truck Even Bubba May Love"). In January, Toyota also announced it's spending $35 million to increase capacity at its Mexican plant.
In the U.S., where Toyota is targeting a 10% increase in sales this year, a remodeled version of the best-selling Camry will go on sale in March, while the Yaris compact, two new Lexus models, and the new Scion xB will all debut during 2006. Next year, a new Corolla is expected as well as two additions to the Lexus lineup -- a compact SUV and a crossover model. According to Kurt Sanger, an analyst at Macquarie Securities in Tokyo, Toyota will replace 60% of its existing model lineup in the next two years in the U.S., not accounting for brand-new models like the FJ Cruiser SUV, which is slated for launch later this year. "The pipeline is overwhelming," Sanger says.