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-UMW Toyota Motor Sdn Bhd explores possibility of hybrid car assembly and component manufacturing in Malaysia.

Auto Business News-February 21, 2012--UMW Toyota Motor Sdn Bhd explores possibility of hybrid car assembly and component manufacturing in Malaysia(C)1994-2012 ENPublishing - http://www.enpublishing.co.uk

Auto Business News - 21 February 2012

UMW UMW
abbr.
United Mine Workers

UMW n abbr (= United Mineworkers of America) → sindicato de mineros

UMW n abbr (= United Mineworkers of America) →
 Toyota Motor Sdn Bhd, a subsidiary of Toyota Motor Corporation (NYSE NYSE

See: New York Stock Exchange
: TM) (LSE LSE - Language Sensitive Editor : TYT) (TYO: 7203), is exploring the possibility of hybrid car assembly and component manufacturing in Malaysia.

The result will depend on the revision of the National Automotive Policy and trend and sales of hybrid cars. The company's president, Ismet Suki, stated that the possibility of venturing into hybrid car assembling and component manufacturing is there but there are no concrete plans at the moment.

Suki also stated that the firm needs to observe the sales of hybrid vehicles before it makes any investment in the plan.

[Editorial queries for this story should be sent to abn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com)).END.PUB430>PDFebruary 21, 2012>JNAUTO BUSINESS NEWS.PRICEDATENOT APPLICABLE.DAY
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Publication:Auto Business News (ABN)
Geographic Code:9MALA
Date:Feb 21, 2012
Words:166
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