Toyota today announced that it will begin exporting U.S.-assembled Venza vehicles to Russia and Ukraine in 2013.
These shipments are expected to build upon Toyota’s all-time record export of more than 124,000 U.S.-assembled vehicles to 21 global markets in 2012, an increase of 45 percent over the prior year.
“We are proud that Toyota’s U.S. manufacturing operations are continuing to grow as a key supplier of vehicles for global markets, which is only possible thanks to the dedication and high-quality work of our team members here. We expect the export of Venza vehicles to Russia and Ukraine will help further solidify our U.S. manufacturing base,” said Shigeki Terashi, president and COO of Toyota Motor North America.
Once production begins in April 2013, Toyota expects to export approximately 5,000 Venza vehicles to Russia and Ukraine during the first year of sales. These vehicles will be built at the company’s Georgetown, Kentucky plant, which has about 6,600 employees and represents a $6 billion investment.
The Georgetown plant is the company’s largest manufacturing facility outside of Japan. Venza exports to Russia and Ukraine will ship from Brunswick, Georgia.
Toyota began exporting Venzas to South Korea last year following exports of Camrys to that market as the automaker wanted to maximize use of North American factories and limit the impact of a strong yen.
by Dan Mihalascu
) - Tuesday, February 26th, 2013 - filed under Industry
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