HUNTSVILLE, Ala. -- Toyota Motor Corp. may be planning to build more trucks with big engines but not more of the big engines. At least not yet.
The company is in no hurry to expand new North American V-8 production, even though V-8 demand is growing, Toyota's top U.S. executive says.
"We have to look at our overall powertrain needs globally," says Tag Taguchi, CEO of Toyota Motor North America Inc.
At last week's ceremonial opening in Huntsville of the first Toyota V-8 production line outside Japan, Taguchi said there was no rush to make a decision on whether to expand.
For now, the line will supply engines for only 120,000 Tundras annually, even though the same Princeton, Ind., plant that builds the Tundra also produces the V-8-equipped Sequoia SUV, whose engines are imported from Japan. Some Tundras are equipped with V-6 engines.
Toyota also announced in February that it will build a second Tundra plant, in San Antonio, to open in 2006.
Taguchi says Toyota wants to consider its options about expanding the Huntsville plant.
"The San Antonio plant will break ground in the next few months," he says. "Then it will take two or three years to construct. So we have some time to decide what to do."