Monday, December 23, 2013

Toyota to localize small volume of Vios cars in Indonesia

Via THE NATION:

County president cites strong demand, growing middle-class as production of all-new Vios starts in West Java plant

Toyota Motor Manufacturing Indonesia (TMMIN) has started producing its all-new Vios at the company's plant in Karawang, West Java, as it gradually moves its production base from Thailand to Indonesia.

The company, which usually imports the Vios compact sedan from Thailand, has spent 2.5 trillion rupiah (Bt6.7 billion) in initial capital on its expansion in Indonesia.

TMMIN president-director Masahiro Nonami said the persistently strong demand for cars in Indonesia, driven by its growing middle-class segment, had attracted his company to make the country a Vios production base.

"We see Indonesia as one of the most important markets for automotive products among other Southeast Asian countries," he told a press conference at the plant on Wednesday, the first day of the local production of the Vios.

"The Vios production base in Karawang can absorb some 500 workers to our plant," he said.

The company plans to produce 1,000 Vios sedans every month. 

No comments:

Post a Comment