Automotive Dive’s Post

Toyota said it will invest nearly $1 billion for a new paint facility at its plant in Georgetown, Kentucky.

Big news today about Ford Motor Company cutting 4k jobs and reducing EV production in Europe. Meanwhile, in the U.S. ⬇️ https://lnkd.in/giP_xD3G

This article shows the strategic dilemma facing Ford and other western automotive manufacturers in all clarity - how to craft a new #strategy based on solving major cruxes, while at the same time reducing unit cost of production. https://lnkd.in/dYNUhS5s

Ford is restructuring its leadership to address quality issues, reduce recalls, and lower warranty costs. Jim Baumbick will transition from heading quality to overseeing vehicle programs, including both electric and internal combustion models. Despite leading the industry in recalls, Ford is focusing on reshaping production processes and investing in quality improvement. Challenges include rising warranty costs and government penalties, with stock down 17% in 2024. CEO Jim Farley is optimistic that improved execution will enhance quality and meet electrification demands in 2025. #Ford #Recalls #JimFarley #Automotive #News

One forecast has global automotive production on the upswing in the past month for a bigger annual target. See how various regions are faring so far: https://loom.ly/V4MESq0 #GlobalAutoProduction

How did Toyota rise from devastation to dominate the auto industry? The secret lies in their GENIUS supply chain model. 🚗💥 Find out how they outsmarted Ford and GM with their revolutionary 'Just-In-Time' manufacturing. 🌍💡 #SupplyChainMasterclass #ToyotaVsFord #SupplyChainSecrets #ToyotaInnovation #ManufacturingRevolution #EfficiencyMastery #AutoIndustryGenius #ToyotaWins #BusinessStrategy

Mazda Toyota Manufacturing has made continuous progress since breaking ground in Alabama. Check out these five facts about the plant. #Toyota #ToyotaEmployee https://lnkd.in/gmuEykpa

In our ongoing series on Toyota's North American manufacturing facilities, here’s a deeper dive on #Toyota Indiana which has proudly hailed from the American heartland since its groundbreaking in 1996. #ToyotaEmployee https://lnkd.in/gDwpdMe7

Toyota Motor North America is investing $922 million in a new paint facility at its assembly plant in Georgetown, Ky. The facility spans 1 million square feet.

Since beginning production in the Hoosier State, international automakers have been an important part of the fabric of Indiana’s automotive manufacturing industry. American Honda Motor Company, Inc., Toyota North America, and Subaru of America each have a manufacturing facility in the state, which produced 948,130 vehicles in 2023 alone, totaling $10.1 billion in investments. Check out more in The Journal Gazette, where Jennifer Safavian, president and CEO, penned an op-ed about our latest Economic Impact Report: https://bit.ly/4cvGmEn