TOKYO -- Toyota Motor Corp.'s new president will hasten the approval process for new assembly plants in North America. He's also pushing to use more North American-made parts.
Two weeks ago, Toyota said it would build a plant in Woodstock, Ontario, to assemble the RAV4 SUV.
Tokyo has not ordered another new plant, but North American managers should be studying anticipated market demand in the 2008-2010 period, says Katsuaki Watanabe, the automaker's president.
A pickup plant will open in late 2006 in San Antonio. It is expected to reach full capacity of 150,000 in 2007.
The Woodstock plant will begin production in 2008. Its initial volume will be 100,000 a year.
If those managers build a business case for adding a plant, Toyota should approve their plans quickly, Watanabe said last week in an interview with Automotive News.
"We would like to speed up the response."