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  • Toyota to move jobs and marketing headquarters from Torrance to Texas (LAT tries to spin loss)

    04/28/2014 6:29:02 AM PDT · by jimbo123 · 35 replies
    LA Times ^ | 4/27/14 | Jerry Hirsch and David Undercoffler
    Toyota Motor Corp. plans to move large numbers of jobs from its sales and marketing headquarters in Torrance to suburban Dallas, according to a person familiar with the automaker's plans. The move, creating a new North American headquarters, would put management of Toyota's U.S. business close to where it builds most cars for this market. North American Chief Executive Jim Lentz is expected to brief employees Monday, said the person, who was not authorized to speak publicly. Toyota declined to detail its plans. About 5,300 people work at Toyota's Torrance complex. It is unclear how many workers will be asked...
  • Video: Toyota bailing on California (Moves Sales and Marketing HQ to Texas)

    04/28/2014 10:54:38 AM PDT · by SeekAndFind · 17 replies
    Hotair ^ | 04/28/2014 | Ed Morrissey
    The world’s leading automotive maker will follow the lead of its competitors and other large businesses, and leave California for better business climates elsewhere. Toyota had its US headquarters in Torrance for more than three decades, but now nearly 5,000 jobs will shift to Texas: Toyota Motor Corp. plans to move large numbers of jobs from its sales and marketing headquarters in Torrance to suburban Dallas, according to a person familiar with the automaker’s plans. …The automaker won’t be the first big company Texas has poached from California.Occidental Petroleum Corp. said in February that it was relocating from Los...
  • Why It Makes Sense For Toyota To Leave California For Texas

    04/28/2014 11:39:10 AM PDT · by SeekAndFind · 41 replies
    Forbes ^ | 04/28/2014 | Dale Buss
    For Japanese auto brands, the logic of keeping their U.S. sales and administrative arms in California is breaking down under the outsized penalties of conducting business in the Golden State and the changing dynamics of the North American automotive industry. So Toyota is leaving, according to Automotive News. And where is Japans biggest automaker relocating its sales and marketing operations in America? Why, North Texas, of course. The move MOVE -5.08% to Plano, Texas, will involve most of the 5,000 managers and employees at Toyotas current Torrance, Calif., headquarters, the magazine said. Texas Gov. Rick Perry apparently didnt even have...
  • Rick Perry Takes A Victory Lap After Texas Takes Toyota From California

    04/28/2014 2:56:17 PM PDT · by blam · 28 replies
    BI - AP ^ | 4-28-2014 | Hunter Walker
    Rick Perry Takes A Victory Lap After Texas Takes Toyota From California Hunter Walker April 28, 2014, 5:04 PM  Texas Gov. Rick Perry thinks Texas' "employer-friendly combination of low taxes, fair courts, smart regulations, and world-class workforce" are responsible for Toyota's decision to move its sales headquarters from California to the Lone Star State. "Over the past decade, Texas and Toyota have developed a strong partnership that has resulted in good-paying jobs for thousands of Texans," Perry said in a statement about the automakers move Monday. "Toyota understands that Texas’ employer-friendly combination of low taxes, fair courts, smart regulations...
  • Another Company Abandons California

    04/29/2014 5:12:23 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | April 29, 2014 | John Ransom
    Another blow was struck for competition, common sense and low taxes as Toyota Motor Corp. announced that they be moving their campus in Torrance, California to a suburb outside of Dallas, Texas. Toyota Motor Corp. is moving substantial parts of its U.S. headquarters in Torrance, Calif., to suburban Dallas, writes the Detroit News, as the worlds largest automaker seeks savings from its U.S. sales unit, people familiar with the matter said. Although no figures are yet available, anecdotal evidence suggests that people are fleeing California, not just companies. SFGate.com says that 66% of all state revenue now comes from personal...
  • LOOK: Why Is One of the Largest Car Companies Moving From California To Texas?

    04/29/2014 7:57:42 AM PDT · by PoloSec · 38 replies
    The Free Patriot ^ | April 29 2014 | Benjamin Austin
    The car-making giant Toyota is going to move its U.S. headquarters from the liberal state of California to the much more red state of Texas, according to several sources. The Dallas Morning News stated that the auto company is looking at a massive plant location in Plano, Texas although an exact location hasnt been determined yet. Toyotas move will involve over 5,000 employees. Many experts view this as a win for both Texas and its Republican governor, Rick Perry. The governor has been actively recruiting companies from all over the country to move to the Lone Star State, touting...
  • California drove Toyota out of state: Torrance Mayor

    04/29/2014 2:04:05 PM PDT · by Beave Meister · 50 replies
    CNBC.com ^ | 4/29/2014 | Jaewon Kang
    <p>Torrance Mayor Frank Scotto blames the state of California for Toyota Motor's decision to relocate its North American headquarters from the city to Plano, Texas.</p> <p>"The state of California lost Toyota," Scotto said on "Power Lunch" Tuesday.</p> <p>He pointed to a number of issues in the Golden State that negatively affect companies' bottom line: tax structure, workers' compensation and liability insurance.</p>
  • BREAKING: Sources say Toyota fleeing CA, taking 5,000 jobs to more business-friendly Texas

    04/27/2014 4:52:00 PM PDT · by Extremely Extreme Extremist · 95 replies
    PANDO DAILY ^ | 27 APRIL 2014 | MICHAEL CARNEY
    Californias inhospitable tax policies may have struck again, this time costing Los Angeles one of its largest employers. According to multiple sources close to the situation, Toyota will be relocating its US headquarters from the LA suburb of Torrance to Plano, Texas. The company has yet to notify its employees of the news, but is expected to do so Monday, followed by a public announcement. While its unlikely that Toyota, which is ranked 8th on Fortunes Global 500, will directly cite taxes as the reason for its relocation, it should come as little surprise that the financial burden of operating...
  • Toyota Brings Hydrogen Cars To Production

    12/11/2013 3:27:33 AM PST · by 2ndDivisionVet · 38 replies
    The Big Stage from NYSE ^ | December 10, 2013 | Josh Dean
    Twelve years ago, Toyota Motor Corp. (NYSE: TM) began testing a unique and outlandishly expensive automobile in California: a car powered by hydrogen fuel cells. This so-called FCHV (fuel cell hybrid vehicle) was an electric car that didnt need to be plugged in. Its electricity was generated by a stack of fuel cells that ran on compressed gaseous hydrogen, a relatively cheap fuel that gives off no harmful emissions; its only byproduct was water vapor. The FCHV never made it to dealer lots, however. Production of plug-in electric cars proved more viable, partially because the FCHV technology was...
  • Police: 2 Women Gang Raped By Juveniles In Wilmington Park

    08/31/2013 8:12:03 AM PDT · by NotYourAverageDhimmi · 49 replies
    CBS Philly ^ | August 30, 2013 | Ileana Diaz, Matt Rivers
    WILMINGTON, Del. (CBS) Neighbors near Kosciuszko Park in Wilmington expressed anger and outrage Friday, after learning the details of a brutal gang-rape that happened in the park Thursday. Police say two women, ages 32 and 24, were reportedly attacked and sexually assaulted by a group of 10 to 12 black male juveniles in Kosciuszko Park at about 6:54 p.m. Thursday. According to police, the suspects, who range in age from 12 to 17-years-old, remain on the loose. The victims were transported to Christiana Hospital for treatment. Wilmington police increased patrols Friday in the park which is located in the...
  • The Free Republic "Elections Have Consequences" Repository

    11/08/2012 10:08:08 AM PST · by ScottinVA · 69 replies
    Self | 8 November 2012 | ScottinVA
    Fellow FReepers -- This is designed to serve as a single repository for layoff announcements, stories and other related news pertaining to the future dismantling of our economy due to the re-election of Barack Obama. The goal here is a one-stop source to bolster our argument that Obama's reelection is truly the detriment to our economic well-being.
  • Surprise! Toyota Report Corroborates DoT Finding of Driver Error

    07/14/2010 7:01:05 PM PDT · by La Enchiladita · 26 replies
    Barron's ^ | July 14, 2010 | Tiernan Ray
    Shares of Toyota Motor (TM) are up $1.10, or 1.5%, at $72.82 after the company this morning said it found no fault with the electronics in its autos that had been involved in sudden acceleration incidents and that some of those incidents were caused by driver error, according to the Financial Times. Funny enough, Toyotas announcement follows the leak by The Wall Street Journal yesterday of U.S. Department of Transportation data that suggested some incidents of sudden acceleration may have resulted form driver error, rather than faulty design or assembly of the vehicles. Hmmm.
  • Should Free Republic become a paid subscription service?

    06/23/2006 12:27:30 PM PDT · by Berlin_Freeper · 474 replies · 9,059+ views
    Vanity | 6/23/2006 | Berlin_Freeper
    I am not certain what the legal ramifications would be in changing Free Republic from donations to a subscription service. It seems to me the switch may be detrimental to legal issues such as copyrights. If that is true I'd appreciate if someone could briefly explain that to me. However if that is not the case here is my suggestion: I have been wondering about this for some time now and have not seen any discussions about it. So I would like to ask: Is it time for Free Republic to become an online subscription service? Currently, the site is...
  • ZOT!!! Why do you like Zot?

    01/15/2004 11:55:35 AM PST · by Young and Disgusted · 245 replies · 614+ views
    ZotWorld | 1-15-04 | Zorba Zotakis
    Im 22, pretty new to politics, and I am completely disgusted with what I see in the world today. Now I ask you: What am I missing? I am confused that there are so many who like the direction our country is headed under its new leadership, and I am interested in knowing if there is something that I do not understand. Please, Enlighten me.