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Toyota Motor Sales, USA, Inc. (TMS, also known as Toyota USA) is the North American Toyota sales, marketing, and distribution subsidiary devoted to the United States market. Founded in 1957 in California, TMS currently employs more than 6,500 people. As of spring 2017 Toyota moved to a new campus in Plano, Texas.
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
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 center includes offices, service bays, truck wash, fuel pumps and a drivers lounge. [28] As of 2023, the subsidiary employs 102 drivers who logged 10,650,000 miles. [29] That same year, STS transported almost 160,000 vehicles to 177 Southeast Toyota dealers and fleet customers from SET's Jacksonville and Commerce vehicle processing facilities.
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TEMA was formed in April 2006 as the result of a merger of Toyota Motor Manufacturing North America (TMMNA) and Toyota Technical Center, U.S.A. (TTC). As part of the "One Toyota" initiative, TEMA merged with Toyota Motor Sales, USA (TMS) and Toyota Motor North America, Inc. ( TMA ), which controlled Toyota's corporate functions, to form Toyota ...
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