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Toyota Motor Manufacturing De Guanajuato
Toyota Motor Manufacturing de Guanajuato (TMMGT) is a Toyota automobile manufacturing facility located in Apaseo el Grande, Guanajuato, Mexico that opened in December 2019. The facility currently produces the Toyota Tacoma for the North American market. The plant has the capacity to produce 100,000 vehicles per year and employs 1,764 people. History Toyota announced a plan in April 2015 to open a new factory in the Mexican state of Guanajuato. The Guanajuato plant would be the automaker's second plant in Mexico, after Toyota Motor Manufacturing de Baja California (TMMBC), and its 15th in North America. The plant will be the first to be built from the ground up to be able to take advantage of efficiencies enabled by the Toyota New Global Architecture (TNGA), a company-wide effort to simplify the vehicles being produced by Toyota. At the time, Toyota announced that the plant would produce the Toyota Corolla, Corolla compact sedan. Construction on the plant began with a groundbreaki ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series '' The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Republican nominee against Democratic ...
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Toyota Factories
This list comprises Toyota's manufacturing facilities worldwide, as well as others that are jointly owned by the company or run under a contract. Toyota manufacturing facilities Asia Japan There are a total of sixteen Toyota-owned factories in Japan. All but three of these are located in or near Toyota City, while the others are located in Kyushu, Hokkaido and northern Honshu. Indonesia * Toyota Motor Manufacturing Indonesia (TMMIN), Karawang, West Java **Plant 1 – Innova, Fortuner **Plant 2 – Calya, Sienta, Avanza, Veloz, Yaris **Plant 3 – Engines Philippines * Toyota Motor Philippines Corporation (TMPC), Santa Rosa, Laguna – Innova, Vios Thailand * Toyota Motor Thailand (TMT) ** Toyota Gateway plant, Hua Samrong, Chachoengsao – Yaris AC100 sedan, Yaris XP150 hatchback, Camry, C-HR, Corolla Altis, Corolla Cross ** Toyota Samrong plant, Samrong Tai, Samut Prakan – Hilux (mostly domestic models), Fortuner ** Toyota Ban Pho plant, Lad Kwang, C ...
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Free Trade
Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. Free trade was best exemplified by the unilateral stance of Great Britain who reduced regulations and duties on imports and exports from the mid-nineteenth century to the 1920s. An alternative approach, of creating free trade areas between groups of countries by agreement, such as that of the European Economic Area and the Mercosur open markets, creates a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are ...
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United States–Mexico–Canada Agreement
The Agreement between the United States of America, the United Mexican States, and Canada (USMCA) Commonly known as the United States–Mexico–Canada Agreement (USMCA) in the United States and the Canada–United States–Mexico Agreement (CUSMA) in Canada. is a free trade agreement between Canada, Mexico, and the United States. It replaced the North American Free Trade Agreement (NAFTA) implemented in 1994, and is sometimes characterized as "NAFTA 2.0", or "New NAFTA", since it largely maintains or updates the provisions of its predecessor. USMCA created one of the world's largest Free-trade zone, free trade zones, spanning roughly 500 million people and totaling over $26 trillion in GDP (PPP). USMCA resulted from renegotiations between the NAFTA member states beginning in 2017; characterized as "tumultuous", these centered primarily on "auto exports, Trump tariffs#Steel and aluminum, steel and aluminum tariffs, and the dairy, egg, and poultry markets". All sides came to a fo ...
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San Antonio
("Cradle of Freedom") , image_map = , mapsize = 220px , map_caption = Interactive map of San Antonio , subdivision_type = Country , subdivision_name = United States , subdivision_type1= State , subdivision_name1 = Texas , subdivision_type2 = Counties , subdivision_name2 = Bexar, Comal, Medina , established_title = Foundation , established_date = May 1, 1718 , established_title1 = Incorporated , established_date1 = June 5, 1837 , named_for = Saint Anthony of Padua , government_type = Council-Manager , governing_body = San Antonio City Council , leader_title = Mayor , leader_name = Ron Nirenberg ( I) , leader_title2 = City Manager , leader_name2 = Erik Walsh , leader_title3 = City Council , leader_name3 = , unit_pref = Imperial , area_total_sq_mi = 504.64 , area_total_km2 = 1307.00 , area_land_sq_mi = 498.85 , area_land_km2 = 1292.02 , area_water_sq_mi = 5.79 , area_water_km2 ...
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Toyota Motor Manufacturing Texas
Toyota Motor Manufacturing Texas (TMMTX) is an automobile manufacturing factory in San Antonio, Texas, United States. It is a subsidiary of Toyota Motor North America, itself a subsidiary of Toyota Motor Corporation of Japan. The TMMTX assembly lines currently produce the Tundra full-size pickup truck and the Sequoia full-size sport utility vehicle. History In 2002, Toyota began scouting locations in Alabama, Arkansas, Mississippi, Tennessee and Texas for a new assembly plant to build the second generation Tundra pickup. After long deliberations including the offer of $227 million in subsidies, a site on the far south side of San Antonio was selected as the location for the new assembly plant. Toyota broke ground at the new plant site on 17 October 2003. During construction, the project evolved from a simple assembly plant into an automotive production site including several on-site suppliers which shipped directly to the factory. In addition, Toyota announced that produc ...
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The Atlantic
''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. In addition, ''The Atlantic Monthly Almanac'' was an annual almanac published for ''Atlantic Monthly'' readers during the 19th and 20th centuries. A change of name was not officially announced when the format first changed from a strict monthly (appearing 12 times a year) to a slightly lower frequency. It was a mo ...
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Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce ...
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Toyota Corolla
The is a series of compact cars (formerly subcompact) manufactured and marketed globally by the Toyota Motor Corporation. Introduced in 1966, the Corolla was the best-selling car worldwide by 1974 and has been one of the best-selling cars in the world since then. In 1997, the Corolla became the best-selling nameplate in the world, surpassing the Volkswagen Beetle. Toyota reached the milestone of 50 million Corollas sold over twelve generations in 2021. The name ''Corolla'' is part of Toyota's naming tradition of using names derived from the Toyota Crown for sedans, with ''"corolla"'' Latin for "small crown". The Corolla has always been exclusive in Japan to ''Toyota Corolla Store'' locations, and manufactured in Japan with a twin, called the Toyota Sprinter until 2000. From 2006 to 2018 in Japan and much of the world, and from 2018 to 2020 in Taiwan, the hatchback companion had been called the Toyota Auris. Early models were mostly rear-wheel drive, while later models ha ...
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Automotive Industry
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of th ...
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Toyota New Global Architecture
The Toyota New Global Architecture (abbreviated as TNGA) are modular automobile platforms that underpin various Toyota and Lexus models starting with the fourth-generation Prius in late 2015. TNGA platforms accommodate different vehicle sizes and also front-, rear- and all-wheel drive configurations. The platforms were developed as part of a company-wide effort to simplify the vehicles being produced by Toyota. Before the introduction of the TNGA, Toyota was building roughly 100 different platform variants. , the five TNGA platforms underpin more than 50% of Toyota vehicles sold worldwide and is expected to underpin about 80% by 2023. Each platform is based on a standardized seat height that allows for sharing of key interior components such as steering systems, shifters, pedals, seat frames and airbags. These components are often less visible, allowing for cars that share platforms to have unique interiors. Compared to Toyota's older platforms, TNGA costs 20 percent les ...
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