Toyota City, Japan, Feb 18, 2013 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces that OOO Sollers-Bussan (Sollers-Bussan), a Russia-based vehicle-assembly company, has begun assembly of the Toyota-brand "Land Cruiser Prado" SUV at its plant in Vladivostok, Russia. Initial production capacity is approximately 1,000 vehicles a month. TMC is supplying assembly components as well as maintaining a product-quality management support structure that includes quality control training and personnel support. Vehicles assembled by Sollers-Bussan are to be shipped mainly via the Trans-Siberian railway and sold through Toyota's dealer network in Russia. With the start of Land Cruiser Prado assembly in Russia, TMC aims to better meet Russian consumer needs. Under its founding philosophy of contributing to society through the manufacture of automobiles, TMC is committed to conducting business that will contribute to the development and growth of Russia's economy and automobile industry while continuing to provide high-quality products that satisfy Russian consumers.Overview of OOO Sollers-Bussan
Location: Vladivostok, Russia Establishment: August 2010 Representative: Alexander Korneychuk Equity participation: Mitsui & Co., Ltd.: 50% Sollers: 50% Products: Land Cruiser Prado Production capacity: Approx. 1,000 units/month Employees: Approx. 300
Overview of Open Joint Stock Company "Sollers"
Location: Moscow, Russia Establishment: March 2002 Representative: Vadim Shvetsov Business activities: Automobile manufacturing and sales in Russia Brands handled: Russian - UAZ, ZMZ Non-Russian -Ford (U.S.), Ssangyong (South Korea), Isuzu (Japan), Mazda (Japan), others
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
Feb 18, 2013 Source: Toyota Toyota (TSE: 7203) (U.S: TM)
From the Japan Corporate News Network
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Topic: Production report
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