Toyota Expands Exports From Indonesia; Avanza Destinations Increase, IMV Fortuner Added to List.
As part of a Toyota Avanza destination-expansion effort started in August with shipments to South Africa, the small multipurpose vehicle will now be exported by TMMIN to the Philippines and other countries in Africa, the Middle East, Latin America and Oceania. This is expected to result in approximately 22,000 units being shipped in 2007, compared to an approximately 2,000 units in 2005, when the model was originally exported only to Thailand and Brunei Darussalam.
Exports of the Fortuner SUV to the Middle East, which were announced in May and began in November, are expected to reach approximately 10,000 units a year, starting in 2007. This would result in TMMIN exports (including those of the ADM-produced Toyota Avanza and other TMMIN-produced models) of approximately 40,000 units in 2007, compared to an approximately 7,000 units in 2005. When including engines and other production components, such exports would be worth 950 million U.S. dollars.
The enhanced export efforts were marked today with a ceremony at the stockyard of PT. Toyota Astra Motor (TAM) attended by numerous dignitaries, including Indonesia's Minister of Industry Fahmi Idris and Japanese Ambassador to Indonesia Shin Ebihara. TAM is the marketing, distribution and after-sales service company for Toyota vehicles in Indonesia.
TMC has positioned Indonesia as an important and promising market within its global strategy and as a production and supply base for minivans, SUVs and gasoline engines. In doing so, TMC intends to further contribute to the development of both Indonesia's automotive industry and the nation's economy as a whole.
Outline of TMMIN
Company name: PT. Toyota Motor Manufacturing Indonesia Location: North Jakarta, Indonesia President: Hidematsu Ibaragi Shareholders: TMC (95%), PT. Astra International (5%) Production Start: 1970 Product lineup: Kijang Innova, Kijang pickup truck, Fortuner and gasoline engines Production capacity: 110,000 units/year (Sunter Plant 1 and Karawang Plant) Employees: Approx. 5,500 (as of April 2006)
(1) Production of the Avanza and its Daihatsu sister model Xenia began in December 2003 as the first jointly developed models to be built by PT. Astra Daihatsu Motor. Sales of the Avanza through PT. Toyota-Astra Motor and sales of the Xenia through PT. Astra International began in January 2004. Exports of the Avanza to Thailand through PT. Toyota Motor Manufacturing Indonesia began in May 2004.
(2) Innovative International Multipurpose Vehicle (IMV) of the Toyota IMV Project aimed at creating an optimal production and supply network on a global scale; the project consists of three pickup trucks, a minivan and an SUV.
About Toyota Motor Corporation
Toyota Motor Corporation (TSE: 7203; NYSE: TM), established in 1937, is one of the world's representative automobile manufacturers, producing vehicles in 26 countries and regions and marketing vehicles in more than 170 countries and regions. In fiscal 2006, Toyota provided nearly eight million vehicles on a consolidated basis to customers around the world under the Toyota, Lexus, Daihatsu and Hino brands. Toyota had more than 280,000 employees at the end of fiscal 2006. The company is headquartered in Aichi, Japan. For more information, please visit www.toyota.co.jp/en/index.html.
Source: Toyota Motor Corporation
Toyota Motor Corporation Corporate Communications Department Public Affairs Division Tel: +81-3-3817-9150 URL: http://www.toyota.co.jp/en/
Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
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|Date:||Dec 11, 2006|
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