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Toyota USA
World's largest maker of automobiles.
Headquarters:
19001 South Western Ave.
Torrance, CA 90501
Employees: 32,345 in U.S.
CEO of Toyota North America: James Lentz
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 is the U. S. sales, marketing, distribution, and customer service arm for Toyota, Lexus, and Scion in the 49 continental states. Through a network of 1,500 dealers, more than 2 million vehicles were sold in 2013. TMS Regional Offices coordinate vehicle sales, parts, and service for dealers in 10 regions, with two additional regions served by private distributors. Of the 1,234 Toyota dealers in the U.S.,1003 are authorized to sell Scion vehicles.
Over the past 50 years, Toyota has built more than 25 million cars and trucks in North America, where it operates 14 manufacturing plants (10 in the U.S.) and directly employs more than 40,000 people (more than 32,000 in the U.S.). Toyota has 1,800 North American dealerships (1,500 in the U.S.) sold more than 2.5 million cars and trucks (more than 2.2 million in the U.S.) in 2013 and about 80 percent of all Toyota vehicles sold over the past 20 years are still on the road today.
Employment in the U.S. has more than doubled over the past two decades. In 1990, there were 16,218 employees and 32,345 in 2014.
The company has auto manufacturing facilities in Texas, Indiana, Mississippi and Kentucky.
Toyota announced in 2014 it will build a new headquarters for North America in Plano, TX and leave California. The move will unite separate headquarters locations in North America bringing together Toyota Motor Sales, U.S.A., Inc., Toyota Financial Services, Toyota Motor Engineering & Manufacturing North America, Inc. and Toyota Motor North America in a single, shared campus.
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.
In 2011, Toyota sold its one-millionth Prius in the U.S.
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 September 16, 2014
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