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| Akio Toyoda, President of Toyota Motor Corporation announced that the brand in Indonesia is planning a new engine plant. (Toyota) |
Toyota looks to emerging Asia has great potential. Therefore, the manufacturer plans a new engine plant in Indonesia and wants to introduce in Thailand next year, a new compact model.
The volume manufacturer Toyota is strengthening its involvement in Asian emerging markets. During a trip to Asia by Akio Toyoda, President of Toyota Motor Corporation, the company announced that, in Indonesia to build a new engine plant in the vicinity of the two plants in Karawang. Toyota is responding to the expected increase in demand in the growing Indonesian automotive market.
Also raises brand to the annual production capacity at the plant from the current 1 in Karawang 110,000 units until September 2013 to 130,000 units. To make the Japanese site a 190 additional employees. Toyota builds cars in the Indonesian site based on the "International Multi-Purpose Vehicle" platform (IMV).
Other companies of the Toyota Group, like Toyota or Daihatsu Auto Body have already begun in Indonesia with other production activities or start it later this year. With the various vehicles like the manufacturer cover the needs of Indonesian customers. The Toyota Group has been more than 40 years active in the Indonesian automobile industry and currently employs more than 32,000 people. Within the next five years, the number of employees to increase to approximately 41,000.
Increased engagement in the Asian emerging markets
In March 2011 introduced Toyota Global Vision announced the company to strengthen its activities in Asia's emerging markets and the development of economy and society in these countries.
This objective fits the statement of Akio Toyoda on a new compact car for the Thai market. This he did during a celebration for the 50th anniversary of Toyota Motor Thailand Co., Ltd.., Announced in Bangkok. The new compact will be presented according to Toyoda at the Bangkok International Motor Show in March 2013. The start of production for the local market and export worldwide is also planned for next year. Toyota is currently at three plants in Thailand more than 500,000 vehicles a year ago, including in the series Hilux, Camry, Prius, Corolla and Yaris. Recently opened, the carmaker 2007, the Ban Pho plant with an annual capacity of 220,000 units. Toyoda announced that the volume of production of Toyota in Thailand is expected to increase in the near future to up to one million vehicles per year.
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