Hoy-Fox Toyota

Press release

Event Connects Minority Businesses with Toyota Suppliers
 
ERLANGER, Ky. (October, 25 2010) -- Toyota Motor Engineering & Manufacturing North America's (TEMA) Opportunity Exchange (OE) will take place on November 9th & 10th at the Duke Energy Center in downtown Cincinnati.  Now in its 21st year, the event serves as a business development opportunity for minority business enterprises (MBEs) from across the nation to make viable connections - and land potential contracts - with Toyota's direct suppliers.
 
"We are always searching for new MBEs that can help Toyota and our suppliers improve our diversity objectives, but also add value and innovation to…

Toyota is looking to use carbon fiber in the production of vehicle chassis. They believe this will cut down on weight in some of their future high performance vehicles, such as the possible FT-86 concept. From the official press release:

Toray Industries Inc. (Tokyo, Japan) announced that it will start supplying Toyota Motor Corp. (TMC) and Fuji Heavy Industries Ltd. (FHI) with carbon fiber for car bodies later this year-the first use of carbon fiber for auto bodies mass-produced in Japan.

Toyota reportedly will use carbon fiber for the hood and roof of a luxury sports car to be produced…