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July 29, 2015 12:55 PM ET

Automobiles

Company Overview of Toyota Motor Sales, U.S.A., Inc.

Company Overview

Toyota Motor Sales, U.S.A., Inc. manufactures and sells vehicles. It offers cars, trucks, SUVs, crossovers, hybrids and EV, hybrid cars, hybrid SUVs, concept vehicles, and accessories. The company also sells used vehicles; and rents cars. It offers its products through dealers in the United States and internationally. The company was founded in 1957 and is based in Torrance, California with product quality field offices in Houston, Texas; and Jacksonville, Florida. Toyota Motor Sales, U.S.A., Inc. operates as a subsidiary of Toyota Motor Corporation.

19001 South Western Avenue

Department WC11

Torrance, CA 90501

United States

Founded in 1957

Phone:

310-468-5084

Fax:

310-468-7814

Key Executives for Toyota Motor Sales, U.S.A., Inc.

Chief Executive Officer and President
Age: 57
Executive Chairman
Age: 69
Chief Financial Officer and Group Vice President
Age: 54
Chief Technology Officer and Vice President
Senior Vice President
Compensation as of Fiscal Year 2015.

Toyota Motor Sales, U.S.A., Inc. Key Developments

Signal IP, Inc. Files Patent Infringement Lawsuit Against Toyota Motor Sales, USA, Inc., Toyota Motor North America, Inc. and Hyundai Motor America

Signal IP, Inc. filed a patent infringement lawsuit against Toyota Motor Sales, USA, Inc., Toyota Motor North America, Inc. and Hyundai Motor America in the United States District Court for the Central District of California. The company is asserting infringement on patents related to various vehicle technologies: U.S. patent numbers 5,714,927, 5,732,375, 6,434,486, and 6,012,007.

Toyota Motor Sales U.S.A., Inc. Reports Sales Results for the Month and First Half Ended June 2015

Toyota Motor Sales U.S.A., Inc. reported sales results for the month and first half ended June 2015. For the month the company reported sales of 209,912 units, an increase of 4.1% from June 2014 on a volume basis. With one more selling day in June 2015 than in June 2014, sales were down 0.1% on a daily selling rate basis. For the first half of the year, the company reported sales of 1,231,440 units, up 5.6% versus the same period in 2014 on a DSR basis. With the same amount of selling days in the first half of 2015 compared to 2014, sales were up 5.6% on an unadjusted raw-volume basis.

Toyota Motor Sales, U.S.A., Inc. Begins Construction on Expansion of Toyota Technical Center in Michigan

Toyota Motor Sales, U.S.A., Inc. has begun construction on the expansion of the Toyota Technical Center, or TTC, in Michigan. Toyota is investing $126 million in the project, which includes construction of two new buildings in York Township. The landscape will add a new prototype facility for vehicle development and a Supplier Center. The Supplier Center will allow Toyota to forge even stronger alliances with its supplier partners. This new facility will enable day-to-day collaboration between the purchasing group, engineering design team and supplier partners to better satisfy the needs of Toyota customers and into the future. The TTC expansion also enlarges Toyota's powertrain development facility on its Ann Arbor Township campus. This element of the project will better position Toyota to develop engines and automatic transmissions for the North American designed and manufactured vehicles. As part of the expansion, Toyota is relocating more than 300 team members to Michigan. The moves include direct procurement and supplier engineering development positions currently based in Erlanger, Ky. and vehicle development and powertrain functions that are presently in Calif. All construction will be completed in late 2016.

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