TMS continues to hold 100% of Toyota Motor Credit Corporation (TMCC) and remains in charge of sales and finance in the U.S.Īll of the shares of TMS, which was previously a 100% subsidiary of TMC, and newly-formed TMMNA are held now by Toyota Motor North America, Inc.
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The recently established manufacturers TMMI and TMMWV also become full subsidiaries of TMMNA. TMMNA takes over full ownership of TMMK and TABC, as well as an 80% share of Bodine, all of which previously were held partly or wholly by Toyota Motor Sales, U.S.A., Inc. In addition, TMMNA now also helps coordinate and support the quality assurance and production engineering functions of various North American affiliates and Toyota Supplier Support Center (TSSC).Īlong with the reorganization of administrative functions comes a change in the shareholding structure of Toyota's North American operations.
(NUMMI) in California.īusiness planning and production control functions from Japan, and purchasing, legal/external affairs, accounting, and finance functions from existing North American manufacturers have been transferred in large part to TMMNA. (TMMC) in Ontario and New United Motor Manufacturing, Inc.
TMMNA also lends manufacturing-related support to Toyota Motor Manufacturing Canada Inc. in Missouri, and Canadian Autoparts Toyota Inc. (TMMI), Toyota Motor Manufacturing, West Virginia, Inc. The new company directly supports Toyota Motor Manufacturing, Kentucky, Inc., (TMMK), which was previously known as Toyota Motor Manufacturing, U.S.A., Inc., Toyota Motor Manufacturing, Indiana, Inc.
Under the new structure, numerous manufacturing-related administrative functions previously carried out independently by various Toyota entities in North America, and by TMC in Japan, are now coordinated and supported by TMMNA. (TMMNA), which was established and began operations on October 1, 1996. Tokyo―TOYOTA MOTOR CORPORATION (TMC) announced today the reorganization of its North American operations, centered around Toyota Motor Manufacturing North America, Inc.
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