Toyota Recognizes North American Parts and Components Suppliers for Excellence in 2023

YORK TOWNSHIP, Mich., June 21, 2024 /PRNewswire/ -- Toyota Motor North America ('Toyota') is recognizing exceptional performance among its North American parts and components suppliers with awards for 2023. Toyota's annual recognition program pays tribute to both its direct and indirect suppliers who have consistently surpassed the company's expectations across various key areas.

This year, Toyota bestowed a total of 69 awards. Direct suppliers were recognized with "Performance" awards in Superior and Excellent classifications for their individual contributions in technology and development, supplier diversity, value improvement, VA achievement, quality, launch and value chain promotion. Indirect suppliers were similarly commended with Excellent Performance awards for their remarkable achievements in cost improvement, diversity enhancement, technology and development, trades, motion, production services and construction, machinery and equipment.

"We extend our gratitude to all our supplier partners and take pride in acknowledging those who have demonstrated exceptional performance," said Robert Young, group vice president of Purchasing Supplier Development at TMNA. "All suppliers are a valued partners in Toyota's mission to deliver top-tier vehicles and innovative mobility solutions to customers nationwide."

Each year, Toyota suppliers are thoroughly evaluated based on specific Key Performance Indicators (KPIs). While the award categories remain consistent, the number of awards presented varies annually based on a comprehensive internal scoring system. Organizations that closely align with Toyota's performance objectives are given an award during the ceremony.

Toyota's annual supplier recognition program exemplifies a commitment to fostering strong relationships grounded in a shared commitment to quality, innovation and sustainability. Prospective suppliers interested in collaborating with Toyota for parts and components are invited to visit www.toyotasupplier.com for detailed information on the company's purchasing policies, principles and supplier diversity efforts.

About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 65 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.

Toyota directly employs more than 49,000 people in the U.S. who have contributed to the design, engineering, and assembly of more than 34 million cars and trucks at our nine manufacturing plants. By 2025, Toyota's 10th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 29 electrified options.

Through its Driving Possibilities initiative, the Toyota USA Foundation has committed to creating innovative educational programs within, and in partnership with, historically underserved and diverse communities near the company's U.S. operating sites.

For more information about Toyota, visit www.ToyotaNewsroom.com.

Media Contact:
Olivia Boisineau-Beckett
Olivia.boisineau@toyota.com 

SOURCE Toyota Motor North America