Toyota
USA
Second-largest maker
of automobiles.
Headquarters:
19001 South Western Ave.
Torrance, CA 90501
Employees 34,675 in U.S.
President: Shigeru Hayakawa
Stock Symbol: TM
Website:
http://www.toyota.com
Career Site
Toyota Motor Sales, U.S.A., Inc. (TMS),
is the U.S. sales, marketing, and distribution arm of its Japanese
parent company, Toyota Motor Corporation (TMC). TMC is responsible
for Toyota manufacturing worldwide and designs, manufactures,
markets, sells, and distributes Toyota products globally.
TMS oversees operations in 49 states for
Toyota, Lexus, and Scion products. Regional offices coordinate
vehicle sales, service, and parts for dealers in 14 locations
nationwide, and regional distribution includes 12 parts centers
and five vehicle centers. There are currently 1,209 Toyota dealers
and 206 Lexus dealers located throughout the United States.
Toyota reported its best-ever year in 2007
with sales of 2,620,825 vehicles, up 2.7 percent over 2006. Two-third
of vehicles sold in the U.S. are now built in North America.
Passenger-car sales were led by Camry, which posted annual sales
of 473,108, an increase of 5.2 percent. Corolla posted year-end
sales of 371,390.
Light truck sales were led by the Tundra
with best-ever year-end sales of 196,555, up 57.4 percent over
the prior year. RAV4 compact sport utility vehicle reported best-ever
year-end sales of 172,752, up 13.2 percent over last year.
The Lexus division reported year-end sales
of 200,334 units, up 9.1 percent over 2006.
Toyota hybrid sales totaled 277,750 units,
up 44 percent from 2006.
Toyota has become the world's second-largest
automaker based on total sales, overtaking Ford. Global sales
were 9.3 million, up 6%.
Employment in the U.S. has more than doubled
over the past two decades. In 1990, there were 16,218 employees
and 28,340 in 2005.
The company has manufacturing facilities
in California, Texas, Alabama, Indiana, West Virginia and Kentucky.
History
The history of Toyota in America begins
in 1957. Established in a vacated automobile dealership, two
Toyota Crowns were shipped to Toyota Motor Sales in Hollywood,
CA. Well received by critics, Japanese production was increased
to deliver 100,000 vehicles per year, even before the car was
actually driven here.
The faster speeds and longer distances
afforded by the open roads, prompted Toyota to begin remodeling.
The newly designed Crown, along with the Tiara and a pickup truck,
finally arrived. By 1960, the sale of 316 Land Cruisers proved
Toyota's adaptability to the American markets.
Over the next several years the company
grew dramatically. The Corona arrived in 1965, followed by the
introduction of the Corolla, of which 130,000 vehicles were sold.
In 1975, Toyota surpassed Volkswagen as the number one import
in America, and in 1986, passed the one-million-vehicles-sold
milestone.
In 1977, the Toyota Technical Center USA
was incorporated. Vehicle production in the U.S. began in 1986.
Toyota Motor Manufacturing North America
was established in 1996 and the five-millionth vehicle was produced
in 1997. By 2002, Toyota had built its 10 millionth vehicle in
North America and also began selling the first fuel cell vehicle.
Benefits
Most benefits begin on the date of hire.
Health
Medical Insurance
- Associate coverage company paid; cost sharing for dependent
coverage
- Indemnity, PPO, and HMO options where available
- All plans include prescription drug benefit
- Health care flexible spending account available
Dental Insurance
- Company paid
- Indemnity or DHMO coverage
Vision Insurance
- Company paid
- Lenses every year, frames every two years
- Annual exams covered
Work/Life
Dependent Care Reimbursement Account
- Pre-tax flexible spending account available for eligible dependent
care expenses
LifeCare Resources and Referral
- Company paid
- Topics include: prenatal care, adoption, child care, schools,
emergency care, special needs, summer care, colleges and adult
care
Associate Support and Assistance Program
- Provides free confidential assessment and referral assistance
- Available for both personal and work-related issues
Adoption Assistance Program
- Provides assistance with certain expenses related to the
adoption of a child
Fitness Center Discount Program
- Subsidized fitness club memberships with select providers
- Discounted rates for eligible family members
Cars
Toyota and Lexus Vehicle Lease
- Eligible on date of hire
- Includes insurance, registration, and maintenance
Toyota and Lexus Vehicle and Parts Purchase*
- Available to associates and eligible family members
Development and Training
Educational Assistance
- Job-related courses or courses leading toward a degree, starting
on or after date of hire
- Public Institutions: 100% up to $425 per course, then 50% of
the remaining cost
- Private Institutions: 100% up to $425 per course, then 25%
of the remaining cost
- Book allowance: $100 per course
Career Management
- University of Toyota
- MyCareer@Toyota online resource
- Performance Feedback and Coaching
Time Off
Vacation
- Accrual begins on date of hire
- Vacation may be taken after six months of employment
- Accrual proportionate to length of service, subject to approval
Holidays
- Up to 13 paid holidays per year
Leaves of Absence
- Family and medical leaves
- Military leaves
Income Continuation
Short Term Disability
- Company paid
Long Term Disability
- Eligible after 60 days of employment
- Company paid
- Begins after 12 months of continuous total disability
- Supplemental coverage available
Life Insurance
- Company paid Basic Life and AD&D Insurance
- Additional associate and dependent coverage available
Retirement
401K Savings Plan
- Company matches 66 2/3 % of the first 6% contributed
- Multiple investment options
- Four year vesting schedule
- Rollovers from qualified plans accepted
Pension Plan
- Fully funded by Toyota Motor Sales U.S.A., Inc., Five year
vesting schedule
- Normal retirement age = 62 with at least five years of service
(reduced 5% per year)
Updated January 16, 2008
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