Toyota, Fuji Heavy to make Camrys in Ind.

***VSGTS14*** · 03-13-2006, 10:55 AM

my dad e-mailed me this.

Toyota, Fuji Heavy to make Camrys in Ind.

YURI KAGEYAMA

Associated Press

TOKYO - Toyota and partner Fuji Heavy Industries, the maker of Subaru cars, will produce about 100,000 of the popular Toyota Camrys a year at Fuji's U.S. plant in Indiana starting in the spring of 2007, the Japanese automakers said Monday.
The plans, outlined by the presidents of Toyota Motor Corp. and Fuji Heavy Industries Ltd. in Tokyo, are expected to create about 1,000 jobs at the Subaru of Indiana Automotive Inc. plant, which now employs 2,300 people.
The plant will produce about 100,000 Camrys a year, raising the plant's annual production to 240,000 vehicles, the companies said.
The Camry sedan is the best-selling car in the United States and is now being produced in the United States only at Toyota's plant in Georgetown, Ky. The Subaru plant in Indiana currently produces Subaru Outback station wagons and Legacy sedans.
The automakers also said Fuji will work together to produce Fuji hybrid vehicles using Toyota's hybrid technology. Fuji Heavy President Kyoji Takenaka and Toyota President Katsuaki Watanabe gave no additional details on that effort at a news conference.
Hybrid cars deliver better mileage than conventional cars by switching between a gasoline engine and an electric motor, and Toyota leads in selling hybrid vehicles.
In October, U.S. automaker General Motors Corp. said it was ending its alliance with Fuji and selling its entire 20 percent stake the company. At that time, Toyota bought an 8.7 percent stake in Fuji for $315 million and became the top shareholder in Fuji.
GM has been struggling to maintain U.S. market share in the face of competition from Asian automakers like Toyota, Honda Motor Co. and South Korea's Hyundai Motor Co.
Brisk sales at Toyota, the world's second largest automaker, have put it on pace to surpass GM as the world's biggest automaker in the next year or two. Toyota reported a 34 percent rise in profit to 398 billion yen, or about $3 billion, for the quarter ended Dec. 31 as sales jumped in North America and Asia.
Set up in 1987, the Subaru Indiana plant made nearly 120,000 Subaru vehicles last year, including Outback station wagons, Legacy sedans and Baja and B9 Tribeca sport utility vehicles.
Detroit-based GM, meanwhile, is embarking on a massive turnaround effort after losing $8.6 billion last year. Last week, GM sold a 17 percent stake it had in Suzuki Motor Corp., mostly to Suzuki, for about $2 billion to raise desperately needed cash.
GM and Suzuki said their partnership will continue, such as their joint venture production plant in Canada and cooperation in fuel-cell technology. GM still has a 3 percent stake in Suzuki, which makes small cars.
GM sold 9.2 million vehicles worldwide in 2005, the second-largest volume in the company's history. Toyota produced 7.4 million vehicles last year and plans to make 9.06 million this year.
Toyota shares, which have gained nearly 60 percent over the last year, rose 0.8 percent to close at 6,340 yen ($53) in Tokyo ahead of the announcement with Fuji.

**nandanrp** · 03-13-2006, 11:00 AM

That's funny, my dad emailed me the same article this morning and said this: "The STi might be a collector's item in a few years!! :-))"

I think he was implying Subaru's dropping sales

***VSGTS14*** · 03-13-2006, 05:48 PM

all i know is GM is going downhill and subaru is in very very good hands.

EvilEwok · 03-13-2006, 09:30 PM

Toyota is really becoming an empire, it's been crazy watching how much they have progressed in the last 5-10 years.

flytojungho · 04-10-2006, 08:17 AM

i see the subaru plant all the time on my way to chicago

**nandanrp** · 04-10-2006, 08:41 AM

My relatives live in Carmel

yukikaze · 04-11-2006, 07:25 AM

i wish i would have gone to the demo days at the plant, peter solberg would come out and doo monkey stunts with an STi in the plant parking lot! lawl

when i was at purdue, one of my friends always got free subies to drive around.. (his dad was one of the japanese execs for FHI).
and now my father in-law (another japanese exec, can't remember the company name..) will be going there often to oversee things..lol funny cuz i've only driven around outside. i hear they give tours of the plant tho.

sti 5501 · 04-25-2006, 01:05 PM

Its crazy more and more import car companies are creating U.S. jobs, while american car companies are laying people off!!!

Chris05STi · 05-10-2006, 06:11 AM

Yah it sucks! Honestly, GM should design nice cars....you see the new Camaro! MY GOD...the new Challenger looks a hell of alot nicer than the new Camaro. My idea for GM, is this. PRODUCE the old style Muscle cars, almost to what they used to look like. There will be TONS of people who would love to own something they used to have back in the day. And their new cars, really need some improvement. They seriously need a whole new team of designers. I own a Camaro, and honestly......Thumbs down on the new one coming out! Its like that Cadillac XLR and something else had a baby!

FutureB · 05-10-2006, 06:39 AM

I work at the plant in Georgetown. The SIA plant was a Subaru/Isuzu plant at one time, and now the Isuzu side is empty. We are moving Camry production from Japan to SIA so they can increase Prius output at that plant. Just some info for those that are curious.

Mykl · 05-10-2006, 06:40 AM

Japanese auto companies are heavily subsidized by the Japanese government. In other words, Japan is giving their auto companies a bunch of cash to build cars. The United States isn't giving it's domestic auto brands any extra cash to build cars, so it's really no wonder that Ford and GM can't keep up.

cndxrs · 05-23-2006, 05:51 AM

Quote:

Originally Posted by Mykl

Japanese auto companies are heavily subsidized by the Japanese government. In other words, Japan is giving their auto companies a bunch of cash to build cars. The United States isn't giving it's domestic auto brands any extra cash to build cars, so it's really no wonder that Ford and GM can't keep up.

They get lots of government money too... what has screwed american companies is they employed many people and offered great pensions starting in the 50's. Now ford, GM etc. have huge pension costs built into each car that they can't shake and import companies have come into the game wiser and are more cost efficient/profitable

03-13-2006, 10:55 AM	#1
*VSGTS14* Muller Chevrolet Car: 08 Chevy 2500HD Fav Mod: a new 08 STi Location: Milford, NJ Posts: 9,850 Join Date: Oct 2004 Trader Rating: (11)	Toyota, Fuji Heavy to make Camrys in Ind. my dad e-mailed me this. Toyota, Fuji Heavy to make Camrys in Ind. YURI KAGEYAMA Associated Press TOKYO - Toyota and partner Fuji Heavy Industries, the maker of Subaru cars, will produce about 100,000 of the popular Toyota Camrys a year at Fuji's U.S. plant in Indiana starting in the spring of 2007, the Japanese automakers said Monday. The plans, outlined by the presidents of Toyota Motor Corp. and Fuji Heavy Industries Ltd. in Tokyo, are expected to create about 1,000 jobs at the Subaru of Indiana Automotive Inc. plant, which now employs 2,300 people. The plant will produce about 100,000 Camrys a year, raising the plant's annual production to 240,000 vehicles, the companies said. The Camry sedan is the best-selling car in the United States and is now being produced in the United States only at Toyota's plant in Georgetown, Ky. The Subaru plant in Indiana currently produces Subaru Outback station wagons and Legacy sedans. The automakers also said Fuji will work together to produce Fuji hybrid vehicles using Toyota's hybrid technology. Fuji Heavy President Kyoji Takenaka and Toyota President Katsuaki Watanabe gave no additional details on that effort at a news conference. Hybrid cars deliver better mileage than conventional cars by switching between a gasoline engine and an electric motor, and Toyota leads in selling hybrid vehicles. In October, U.S. automaker General Motors Corp. said it was ending its alliance with Fuji and selling its entire 20 percent stake the company. At that time, Toyota bought an 8.7 percent stake in Fuji for $315 million and became the top shareholder in Fuji. GM has been struggling to maintain U.S. market share in the face of competition from Asian automakers like Toyota, Honda Motor Co. and South Korea's Hyundai Motor Co. Brisk sales at Toyota, the world's second largest automaker, have put it on pace to surpass GM as the world's biggest automaker in the next year or two. Toyota reported a 34 percent rise in profit to 398 billion yen, or about $3 billion, for the quarter ended Dec. 31 as sales jumped in North America and Asia. Set up in 1987, the Subaru Indiana plant made nearly 120,000 Subaru vehicles last year, including Outback station wagons, Legacy sedans and Baja and B9 Tribeca sport utility vehicles. Detroit-based GM, meanwhile, is embarking on a massive turnaround effort after losing $8.6 billion last year. Last week, GM sold a 17 percent stake it had in Suzuki Motor Corp., mostly to Suzuki, for about $2 billion to raise desperately needed cash. GM and Suzuki said their partnership will continue, such as their joint venture production plant in Canada and cooperation in fuel-cell technology. GM still has a 3 percent stake in Suzuki, which makes small cars. GM sold 9.2 million vehicles worldwide in 2005, the second-largest volume in the company's history. Toyota produced 7.4 million vehicles last year and plans to make 9.06 million this year. Toyota shares, which have gained nearly 60 percent over the last year, rose 0.8 percent to close at 6,340 yen ($53) in Tokyo ahead of the announcement with Fuji. This ad is not endorsed by this member. Please register or login to hide this ad.

03-13-2006, 11:00 AM	#2
nandanrp Indiatr0n in yo IWDPL Car: 05FTW OBP STi Fav Mod: Brum Brum Location: downtown Chicago Posts: 48,830 Join Date: Jun 2004 Trader Rating: (11)	That's funny, my dad emailed me the same article this morning and said this: "The STi might be a collector's item in a few years!! :-))" I think he was implying Subaru's dropping sales

03-13-2006, 05:48 PM	#3
*VSGTS14* Muller Chevrolet Car: 08 Chevy 2500HD Fav Mod: a new 08 STi Location: Milford, NJ Posts: 9,850 Join Date: Oct 2004 Trader Rating: (11)	all i know is GM is going downhill and subaru is in very very good hands.

03-13-2006, 09:30 PM	#4
EvilEwok Junior STI Driver Car: 01 Subaru WRX STi Sp Fav Mod: Coming Soon Posts: 91 Join Date: Sep 2005 Trader Rating: (0)	Toyota is really becoming an empire, it's been crazy watching how much they have progressed in the last 5-10 years.

04-10-2006, 08:17 AM	#5
flytojungho Spec C Club Car: 06 STI Fav Mod: Prodrive oval tip Location: carmel indiana Posts: 1,267 Join Date: Mar 2005 Trader Rating: (0)	i see the subaru plant all the time on my way to chicago

04-10-2006, 08:41 AM	#6
nandanrp Indiatr0n in yo IWDPL Car: 05FTW OBP STi Fav Mod: Brum Brum Location: downtown Chicago Posts: 48,830 Join Date: Jun 2004 Trader Rating: (11)	My relatives live in Carmel

04-11-2006, 07:25 AM	#7
yukikaze Junior STI Driver Car: 05 Aspen White STi Fav Mod: S203 Titanium Exhaust Location: Indianapolis, IN Posts: 165 Join Date: Jun 2004 Trader Rating: (4)	i wish i would have gone to the demo days at the plant, peter solberg would come out and doo monkey stunts with an STi in the plant parking lot! lawl when i was at purdue, one of my friends always got free subies to drive around.. (his dad was one of the japanese execs for FHI). and now my father in-law (another japanese exec, can't remember the company name..) will be going there often to oversee things..lol funny cuz i've only driven around outside. i hear they give tours of the plant tho.

04-25-2006, 01:05 PM	#8
sti 5501 Junior STI Driver Car: 05 Subaru Sti Fav Mod: They all work as one (All) Location: Where am I ??? Posts: 190 Join Date: Sep 2005 Trader Rating: (0)	Its crazy more and more import car companies are creating U.S. jobs, while american car companies are laying people off!!!

05-10-2006, 06:11 AM	#9
Chris05STi I Has a Turbo Timer Car: 2005 Subaru WRX STi Fav Mod: Every single one! Location: NJ Posts: 9,374 Join Date: Jun 2005 Trader Rating: (24)	Yah it sucks! Honestly, GM should design nice cars....you see the new Camaro! MY GOD...the new Challenger looks a hell of alot nicer than the new Camaro. My idea for GM, is this. PRODUCE the old style Muscle cars, almost to what they used to look like. There will be TONS of people who would love to own something they used to have back in the day. And their new cars, really need some improvement. They seriously need a whole new team of designers. I own a Camaro, and honestly......Thumbs down on the new one coming out! Its like that Cadillac XLR and something else had a baby!

05-10-2006, 06:39 AM	#10
FutureB Lurker Posts: 2 Join Date: May 2006 Trader Rating: (0)	I work at the plant in Georgetown. The SIA plant was a Subaru/Isuzu plant at one time, and now the Isuzu side is empty. We are moving Camry production from Japan to SIA so they can increase Prius output at that plant. Just some info for those that are curious.

05-10-2006, 06:40 AM	#11
Mykl S204 Racer Car: '04.5 STi Fav Mod: ZZYZX Location: Montgomery, Al Posts: 2,751 Join Date: Apr 2006 Trader Rating: (0)	Japanese auto companies are heavily subsidized by the Japanese government. In other words, Japan is giving their auto companies a bunch of cash to build cars. The United States isn't giving it's domestic auto brands any extra cash to build cars, so it's really no wonder that Ford and GM can't keep up.