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Lone Star State lawmakers have reined in Tesla's hopes of selling to Texans. Two bills allowing the Palo Alto-based electric carmaker to open Tesla Store's have died in the state legislature, in the face of dealership opposition. Tesla's direct-sales approach has raised the ire of dealership associations nationwide, who worry this jeopardizes their decades-old sales model based on franchise laws. Similar laws are on the books in states such as Michigan, Arizona, West Virginia, and until recently, New Jersey. Tesla founder and CEO Elon Musk reportedly hired up to 20 lobbyists in Texas and made $150,000 in campaign contributions. Despite support from former governor Rick Perry, the bills were unable to overcome Texas' powerful dealership lobby, whose support of franchise laws in a state priding itself as a bastion of free-maket economics and limited red tape was deemed "very un-Texan" by Musk in a 2014 interview. The Texas Auto Dealers Association has spent over $278,000 lobbying against Tesla, with some individual dealership owners and groups contributing hundreds of thousands more. Texas is home to the country's second largest high-tech workforce and is the U.S.' largest technology manufacturing exporter. Tesla's absence among the likes of industry pioneers such as Dell and Texas Instruments is notable. The state competed for the brand's 'Gigafactory' but lost to Nevada. The state's legislature holds bi-yearly sessions, meaning Tesla will need to wait until 2017 for similar bills to be introduced, just in time for the Model 3's debut. Source: The Verge View attachment: Model_S_Press_WEB.jpg View full article
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Lone Star State lawmakers have reined in Tesla's hopes of selling to Texans. Two bills allowing the Palo Alto-based electric carmaker to open Tesla Store's have died in the state legislature, in the face of dealership opposition. Tesla's direct-sales approach has raised the ire of dealership associations nationwide, who worry this jeopardizes their decades-old sales model based on franchise laws. Similar laws are on the books in states such as Michigan, Arizona, West Virginia, and until recently, New Jersey. Tesla founder and CEO Elon Musk reportedly hired up to 20 lobbyists in Texas and made $150,000 in campaign contributions. Despite support from former governor Rick Perry, the bills were unable to overcome Texas' powerful dealership lobby, whose support of franchise laws in a state priding itself as a bastion of free-maket economics and limited red tape was deemed "very un-Texan" by Musk in a 2014 interview. The Texas Auto Dealers Association has spent over $278,000 lobbying against Tesla, with some individual dealership owners and groups contributing hundreds of thousands more. Texas is home to the country's second largest high-tech workforce and is the U.S.' largest technology manufacturing exporter. Tesla's absence among the likes of industry pioneers such as Dell and Texas Instruments is notable. The state competed for the brand's 'Gigafactory' but lost to Nevada. The state's legislature holds bi-yearly sessions, meaning Tesla will need to wait until 2017 for similar bills to be introduced, just in time for the Model 3's debut. Source: The Verge View attachment: Model_S_Press_WEB.jpg -
This morning, we reported on the rumor that Toyota was planning to its North American headquarters from California to Texas. Well this afternoon, the company has made it official. In a statement, Toyota announced that it will be moving from Torrance, California to Plano, Texas. The move will take about three years and affect around 4,000 people. Those 4,000 people include, 2,000 from Toyota Motor Sales, U.S.A., Inc. Headquarters in Torrance, CA 1,000 from Toyota Financial Services in Torrance, CA 1,000 from Toyota Motor Engineering & Manufacturing North America in Erlanger, KY Some employees of Toyota Motor North America based in New York "With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds,” said Jim Lentz, Toyota North America CEO. As part of the plans, Toyota will offer all their full-time employees and their spouses an expenses-paid site visit to Plano, and a relocation payment if they decide to move. No word on how many of Toyota's current employees plan to move to Texas. Source: Toyota, Automotive News (Subscription Required), Wards Auto William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] you can follow him on twitter at @realmudmonster. Press Release is on Page 2 Toyota to Establish New North American Headquarters Manufacturing, Sales and Marketing, Corporate and Financial Services Headquarters to Unify in New, Shared Campus in Plano, Texas Toyota Technical Center in Michigan to Expand as Part of Increased Investment in Engineering Capabilities Torrance, Calif., Erlanger, Ky., New York, N.Y., and Ann Arbor, Mich., April 28, 2014 –Toyota today announced that it is establishing a new headquarters in North Dallas (Plano), Texas for its North American operations in a move designed to better serve customers and position Toyota for sustainable, long-term growth. Within the next three years, Toyota’s three separate North American headquarters for manufacturing, sales and marketing, and corporate operations will relocate to a single, state-of-the-art campus in Plano. Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. Altogether, these moves will affect approximately 4,000 employees. At the same time, Toyota will expand the Toyota Technical Center (TTC) in Michigan to accommodate the relocation of direct procurement from Erlanger, Ky., to its campus in York Township near Ann Arbor. This expansion is part of an increased investment in engineering capabilities and will accommodate future growth in product development. The transition to Plano from three current headquarters locations – affecting approximately 2,000 employees at Toyota Motor Sales, U.S.A., Inc. (TMS) in Torrance, Calif.; about 1,000 employees at Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) in Erlanger, Ky.; and certain employees at Toyota Motor North America (TMA) in New York, N.Y. – will begin with initial small groups this summer. However, the majority of these employees will not move until construction of Toyota’s new headquarters is completed in late 2016 or early 2017. Toyota Financial Services (TFS) is not expected to transition to Plano from its current headquarters in Torrance, Calif., until 2017, which will affect around 1,000 employees. Jim Lentz, who was named Toyota’s first chief executive officer for the North America Region in 2013, said: “With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds.” In support of the communities in California and Kentucky, Toyota also announced a $10 million philanthropic commitment to provide continued funding for local non-profits and community organizations in these states over a five-year period beginning in 2017, over and above existing commitments. The establishment of a new headquarters builds upon previous efforts by Toyota to enhance regional autonomy, self-reliance and responsibility. While the sales and marketing, manufacturing and corporate business units will retain their responsibilities and operating names, Toyota expects that new cross-functional teams will identify and execute on ways to serve the broader North American organization. Toyota will construct a new, environmentally-sustainable campus facility in Plano, which is expected to take two or more years to construct after groundbreaking in the fall of 2014. Until the new campus facility is complete, initial small groups of employees will work from a temporary location in the Plano area. Toyota will also build a new facility on TTC’s York campus (subject to final approval of state and local incentives) to accommodate approximately 250 direct procurement positions currently based at TEMA in Erlanger. In addition, about 300 production engineering positions based in Erlanger will be relocated to a new facility to be built at Toyota Motor Manufacturing Kentucky (TMMK) in Georgetown, Ky., while approximately 1,000 TEMA administrative positions will transition to Plano. Toyota’s 10 manufacturing plants in the U.S. will not be impacted by these changes. Also, the following Toyota units will not be impacted at this time: Toyota regional field offices and Lexus area offices Operating units in Canada, Mexico and Puerto Rico Toyota Financial Service’s regional offices, sales offices, service centers and its bank Calty Design Research facilities Toyota InfoTechnology Center Toyota Racing Development AirFlite Inc. Logistics Services Field Locations Distribution centers After moving from its existing headquarters, Toyota will continue to have approximately 2,300 employees in California and 8,200 employees in Kentucky. This includes 750 new jobs being added at TMMK for production of the Lexus ES, which begins in 2015. Toyota will also continue to maintain offices in the New York City area and Washington, DC. The move will not impact Toyota’s relationship with Gulf States Toyota, Inc. (GST), a private distributor of Toyota vehicles based in Houston, Texas. Toyota Financial Services (TFS) is a service mark used to refer to a number of entities, including Toyota Motor Credit Corporation (TMCC), Toyota Financial Savings Bank (TFSB), and Toyota Motor Insurance Services, Inc. (TMIS). -
This morning, we reported on the rumor that Toyota was planning to its North American headquarters from California to Texas. Well this afternoon, the company has made it official. In a statement, Toyota announced that it will be moving from Torrance, California to Plano, Texas. The move will take about three years and affect around 4,000 people. Those 4,000 people include, 2,000 from Toyota Motor Sales, U.S.A., Inc. Headquarters in Torrance, CA 1,000 from Toyota Financial Services in Torrance, CA 1,000 from Toyota Motor Engineering & Manufacturing North America in Erlanger, KY Some employees of Toyota Motor North America based in New York "With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds,” said Jim Lentz, Toyota North America CEO. As part of the plans, Toyota will offer all their full-time employees and their spouses an expenses-paid site visit to Plano, and a relocation payment if they decide to move. No word on how many of Toyota's current employees plan to move to Texas. Source: Toyota, Automotive News (Subscription Required), Wards Auto William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] you can follow him on twitter at @realmudmonster. Press Release is on Page 2 Toyota to Establish New North American Headquarters Manufacturing, Sales and Marketing, Corporate and Financial Services Headquarters to Unify in New, Shared Campus in Plano, Texas Toyota Technical Center in Michigan to Expand as Part of Increased Investment in Engineering Capabilities Torrance, Calif., Erlanger, Ky., New York, N.Y., and Ann Arbor, Mich., April 28, 2014 –Toyota today announced that it is establishing a new headquarters in North Dallas (Plano), Texas for its North American operations in a move designed to better serve customers and position Toyota for sustainable, long-term growth. Within the next three years, Toyota’s three separate North American headquarters for manufacturing, sales and marketing, and corporate operations will relocate to a single, state-of-the-art campus in Plano. Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. Altogether, these moves will affect approximately 4,000 employees. At the same time, Toyota will expand the Toyota Technical Center (TTC) in Michigan to accommodate the relocation of direct procurement from Erlanger, Ky., to its campus in York Township near Ann Arbor. This expansion is part of an increased investment in engineering capabilities and will accommodate future growth in product development. The transition to Plano from three current headquarters locations – affecting approximately 2,000 employees at Toyota Motor Sales, U.S.A., Inc. (TMS) in Torrance, Calif.; about 1,000 employees at Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) in Erlanger, Ky.; and certain employees at Toyota Motor North America (TMA) in New York, N.Y. – will begin with initial small groups this summer. However, the majority of these employees will not move until construction of Toyota’s new headquarters is completed in late 2016 or early 2017. Toyota Financial Services (TFS) is not expected to transition to Plano from its current headquarters in Torrance, Calif., until 2017, which will affect around 1,000 employees. Jim Lentz, who was named Toyota’s first chief executive officer for the North America Region in 2013, said: “With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds.” In support of the communities in California and Kentucky, Toyota also announced a $10 million philanthropic commitment to provide continued funding for local non-profits and community organizations in these states over a five-year period beginning in 2017, over and above existing commitments. The establishment of a new headquarters builds upon previous efforts by Toyota to enhance regional autonomy, self-reliance and responsibility. While the sales and marketing, manufacturing and corporate business units will retain their responsibilities and operating names, Toyota expects that new cross-functional teams will identify and execute on ways to serve the broader North American organization. Toyota will construct a new, environmentally-sustainable campus facility in Plano, which is expected to take two or more years to construct after groundbreaking in the fall of 2014. Until the new campus facility is complete, initial small groups of employees will work from a temporary location in the Plano area. Toyota will also build a new facility on TTC’s York campus (subject to final approval of state and local incentives) to accommodate approximately 250 direct procurement positions currently based at TEMA in Erlanger. In addition, about 300 production engineering positions based in Erlanger will be relocated to a new facility to be built at Toyota Motor Manufacturing Kentucky (TMMK) in Georgetown, Ky., while approximately 1,000 TEMA administrative positions will transition to Plano. Toyota’s 10 manufacturing plants in the U.S. will not be impacted by these changes. Also, the following Toyota units will not be impacted at this time: Toyota regional field offices and Lexus area offices Operating units in Canada, Mexico and Puerto Rico Toyota Financial Service’s regional offices, sales offices, service centers and its bank Calty Design Research facilities Toyota InfoTechnology Center Toyota Racing Development AirFlite Inc. Logistics Services Field Locations Distribution centers After moving from its existing headquarters, Toyota will continue to have approximately 2,300 employees in California and 8,200 employees in Kentucky. This includes 750 new jobs being added at TMMK for production of the Lexus ES, which begins in 2015. Toyota will also continue to maintain offices in the New York City area and Washington, DC. The move will not impact Toyota’s relationship with Gulf States Toyota, Inc. (GST), a private distributor of Toyota vehicles based in Houston, Texas. Toyota Financial Services (TFS) is a service mark used to refer to a number of entities, including Toyota Motor Credit Corporation (TMCC), Toyota Financial Savings Bank (TFSB), and Toyota Motor Insurance Services, Inc. (TMIS). View full article
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Toyota is considering moving substantial parts of its U.S. headquarters from California to Texas. Bloomberg has learned from sources from the automaker that certain high-level employees were told of the move on Friday and that the company will make an announcement today. “It would be very consequential for Southern California. There might be some brain drain and tumult for employees, though it should be largely seamless to the consumer. This kind of thing can create some disruption of momentum,” said Jack Nerad, executive market analyst for Kelly Blue Book. Reasons for this move include putting Toyota USA's executives close by their manufacturing plants in San Antonio, Kentucky, and Mississippi. However, another reason for this move comes down to how expensive it is to live and work in California. Automotive News pulled some stats on California and they aren't pretty. Expatistan rates the Los Angeles metropolitan area as the ninth most-expensive place to live California is third in Tax Foundation's study in which states have the worst complex, non-neutral taxes with comparatively high rates Forbes rates California 36th in which states are best to do business Meanwhile, Texas has been rated seventh in the same study done by Forbes. Texas also has a number of tax breaks and lower cost of living. We'll keep you posted on this developing story. Source: Bloomberg, Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. -
Toyota is considering moving substantial parts of its U.S. headquarters from California to Texas. Bloomberg has learned from sources from the automaker that certain high-level employees were told of the move on Friday and that the company will make an announcement today. “It would be very consequential for Southern California. There might be some brain drain and tumult for employees, though it should be largely seamless to the consumer. This kind of thing can create some disruption of momentum,” said Jack Nerad, executive market analyst for Kelly Blue Book. Reasons for this move include putting Toyota USA's executives close by their manufacturing plants in San Antonio, Kentucky, and Mississippi. However, another reason for this move comes down to how expensive it is to live and work in California. Automotive News pulled some stats on California and they aren't pretty. Expatistan rates the Los Angeles metropolitan area as the ninth most-expensive place to live California is third in Tax Foundation's study in which states have the worst complex, non-neutral taxes with comparatively high rates Forbes rates California 36th in which states are best to do business Meanwhile, Texas has been rated seventh in the same study done by Forbes. Texas also has a number of tax breaks and lower cost of living. We'll keep you posted on this developing story. Source: Bloomberg, Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
