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Toyota operates two vehicle manufacturing facilities in Canada: one in Cambridge, Ontario and another in Woodstock, Ontario.The Cambridge Facility currently produces the Toyota RAV4 (since 2019) and Lexus RX 350 (since 2003) and RX 450h (since 2014) and formerly produced the Toyota Corolla (1988–2019), Solara (1998–2003), and Matrix (2002–2013).
Toyota Motor North America (TMNA) is the operating subsidiary that oversees all operations of the Toyota Motor Corporation in Canada, Mexico, and the United States. Its operations include research and development, manufacturing, sales, marketing, after sales and corporate functions, which are controlled by TMNA but sometimes executed by other subsidiaries and holding companies.
The Toyota IMV platform is an automobile platform for SUVs, pickups/light trucks and passenger cars from Toyota. The name "IMV" stands for "Innovative International Multi-purpose Vehicle". The name "IMV" stands for "Innovative International Multi-purpose Vehicle".
On July 24, 2012, Toyota also created 400 new jobs at the Cambridge plant to handle increased production of Lexus RX line in two years to 104,000 vehicles. [5] In April 2015, Toyota announced it would retool the North Plant to allow for expanded production of the RAV4, which had grown to become the company's best selling vehicle in North America.
CarMax sold over 750,000 vehicles to consumers in Fiscal Year 2021 (March 1, 2020–February 28, 2021). [2] According to the CarMax fiscal year 2018 report released on April 24, 2018, the company opened 15 used car superstores in Fiscal Year 2018, and planned to open 15 additional stores in Fiscal Year 2019.
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