Toyota City, Japan, Aug 9, 2012 - (JCN Newswire) - Toyota Motor Corporation (TMC) plans to construct an engine plant in Porto Feliz, Sao Paulo in the Federative Republic of Brazil that is to produce engines for the "Etios" and "Corolla" compact sedans. The move is aimed at furthering local production in an automobile market expected to undergo consistent growth.
The new engine plant is planned to produce 1.3-liter and 1.5-liter engines for the Etios and 1.8-liter and 2.0-liter engines for the Corolla. Production is scheduled to start in the second half of 2015 with a planned annual capacity of approximately 200,000 units.
Toyota production in Brazil dates back to 1958 with the establishment of Toyota do Brasil Ltda. (TDB), which is Toyota's forefront manufacturing affiliate outside of Japan. Since then, Toyota has aimed to manufacture vehicles valued by Brazilian consumers, symbolized by the more than 100,000 "Bandeirante"* SUVs produced and sold between 1958 and 2001. In 1998, TDB began production of the Corolla, continuing its growth in step with the Brazilian market.
TDB will hold a ceremony on August 9 to mark the completion of its Sorocaba Plant, which will produce the Etios that is scheduled to be launched in Brazil later this year.
TMC, based on its principle of contributing to local society through the manufacture of automobiles, aims to continue contributing to Brazil's automotive industry and to offer Brazilian consumers attractive products that meet their needs.
Overview of New Toyota Engine Plant in Brazil
Location: Porto Feliz, Sao Paulo, Brazil
Products: 1.3-liter and 1.5-liter engines for the Etios
1.8-liter and 2.0-liter engines for the Corolla
Production: Approx. 200,000 units/year
Site area: Approx. 870,000 m2
Start: Second half of 2015
* Brazil-market "Land Cruiser" SUV
About Toyota
Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of March 2012, Toyota conducts its business worldwide with 50 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 160 countries and regions. For more information, please visit www.toyota-global.com.
Contact:
Toyota Motor Corporation
Corporate Communications Department
Public Affairs Division
Tel: +81-3-3817-9150
Aug 9, 2012
Source: Toyota
Toyota (TSE: 7203) (U.S: TM)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Construction of Facility
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