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TOYOTA ANNOUNCES '92 EXPORT PLAN FOR U.S.-BUILT VEHICLES

 TOYOTA ANNOUNCES '92 EXPORT PLAN FOR U.S.-BUILT VEHICLES
 CHICAGO, Feb. 7 /PRNewswire/ -- Toyota's 1992 plan for worldwide export of some 45,000 U.S.-built vehicles was announced today by company officials at the Chicago Auto Show.
 Exports of U.S.-built Camry wagons and Camry and Corolla sedans will be nearly double Toyota's 1991 exports from the United States, said George Borst, vice president strategic and product planning, Toyota Motor Sales, U.S.A.
 "Toyota is expanding its U.S. design, engineering, manufacturing and export capabilities to meet customer needs in an increasingly global market," said Borst. "These efforts allow plants such as Toyota Motor Manufacturing (TMM) in Georgetown, Ky., and New United Motor Manufacturing Inc. (NUMMI) in Fremont, Calif., to provide high quality U.S.-built vehicles for world markets."
 Within the year, Toyota will begin exporting left- and right-hand drive Camry wagons from the Georgetown plant to several world markets including Europe, Canada and Japan. The wagons will account for approximately 40 percent of total exports. Production will begin in March.
 Toyota also will continue to export NUMMI-built Corollas and TMM-made Camry sedans to Taiwan in 1992. NUMMI is Toyota's joint venture with General Motors.
 Toyota began shipping Corollas from the United States to Taiwan in 1988. Annual exports have grown from 200 vehicles to more than 24,000 Camry and Corolla models last year. Since August 1990, Camry and Corolla models have been the top-selling import passenger cars in Taiwan.
 TMM plans to produce some 240,000 Camrys, including 40,000 wagons and 200,000 sedans in 1992.
 "This is just the beginning of Toyota's U.S. export program," noted Borst. "We plan to increase exports of U.S.-built vehicles and parts and accessories as quickly as possible."
 Just recently, Toyota announced it will begin to export TMM-manufactured, four-cylinder engines, crankshafts and connecting rod sets to Japan this summer.
 -0- 2/7/92 R
 /EDITOR'S NOTE: This release is one of three sent together on PR Newswire:
 "Seven-Passenger Camry Station Wagon Introduced by Toyota;"
 "Toyota Launches Camry Wagon as Prime Example of Auto Industry Globalization;" and,
 "Toyota Announces '92 Export Plan for U.S.-Built Vehicles."/
 /CONTACT: Mindy Geller, 310-618-5204, or Christi Abe, 310-618-5297, both of Toyota Motor Sales U.S.A./ CO: Toyota Motor Sales, U.S.A. Inc. ST: California IN: AUT SU:


EH-DM -- LA007 -- 7819 02/07/92 13:35 EST
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Publication:PR Newswire
Date:Feb 7, 1992
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