US-built Toyota Corolla will be exported in Latin America, Caribbean

Article by Christian A., on October 1, 2013

By 2014, Toyota Motor Corp. wants to already have started exporting the compact Corolla sedan from the U.S. to 18 countries in Latin America and the Caribbean. Toyota said that the production of the Corolla models will be exported starting in April 2014 at a factory in Tupelo, Miss.

In the first year of sales, Toyota expects to export over 7,500 Corolla sedans from the U.S. to Latin America and the Caribbean.

The Toyota Corolla is also built in Canada. According to a Toyota spokesman, plants in Japan, Brazil and Venezuela will continue to be the supplier of Corolla models offered in Latin America and the Caribbean. The Corolla, which is Toyota's best-selling model around the world, was redesigned for the 2014 model year.

Last year, Toyota broke records when it exported over 124,000 U.S.-built vehicles to 21 global markets, about 45% higher than the previous year.

In a statement, Jim Lentz, CEO of Toyota's North America Region, said that Toyota's U.S. manufacturing operations continue to expand as a major supplier of cars and trucks for markets worldwide. He also said that by exporting U.S.-made Corolla sedans to Latin America and the Caribbean, Toyota will be able to solidify its U.S. manufacturing base further.

Press Release

Toyota to Export U.S.-Built Corolla to Latin America and the Caribbean

Toyota today announced that it will begin exporting U.S.-built* Corolla sedans to 18 countries in Latin America and the Caribbean in 2014. 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.

"Toyota's U.S. manufacturing operations continue to grow as a key supplier of cars and trucks for global markets, which is only possible thanks to the dedication and high-quality work of our team members here," said Jim Lentz, CEO of Toyota's North America Region, "the export of U.S.-built Corolla sedans to Latin America and the Caribbean will help to further solidify our U.S. manufacturing base."

Once production begins in April 2014, Toyota expects to export more than 7,500 Corolla sedans to Latin America and the Caribbean during the first year of sales. These vehicles will be built at the company's Tupelo, Miss. plant, which employs about 2,000 team members and represents an $800 million investment.

*Toyota vehicles and components are built using U.S. and globally sourced parts.

About Toyota
Toyota, the world's top automaker and creator of the Prius, is committed to building vehicles for the way people live through our Toyota, Lexus and Scion brands. Over the past 50 years, we've built more than 25 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ nearly 40,000 people (more than 37,000 in the U.S.). Our 1,800 North American dealerships sold more than 2.3 million cars and trucks in 2012 – and about 80 percent of all Toyota vehicles sold over the past 20 years are still on the road today.

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