In 2006, Toyota was engaged in a variety of projects designed to solidify its foundations
while continuing to grow. On the product front besides its two dozen already launched products,
Lexus has launched its new flagship model, the LS, and the new global Camry went on sale. In
manufacturing, several new projects were started around the world. In May 2006, manufacturing
of the Camry began in Guangzhou, China, while in the United States, the Kentucky plant, which
in October 2006 celebrated 20 years of production, has started manufacturing the first Toyota
hybrid vehicle to be made in North America, the Camry Hybrid. In November 2006, the Texas
plant began producing the new Tundra truck, a key vehicle in Toyota’s North American lineup.