Toyota Motor Corporation plans to expand its global production capacity and the South African plant is said to feature greatly in its quest to sell 1,2 million cars a year to European drivers by 2010.
Toyota Motor Corporation plans to expand its global production capacity and the South African plant is said to feature greatly in its quest to sell 1,2 million cars a year to European drivers by 2010.
TMC will increase the annual output of its three vehicle production facilities at Prospecton in Durban and its Turkey and UK plants by 200 000 units by 2005. In 2003, Toyota sold more than 800 000 cars in Europe, according to .
The annual output of the South African plant is set to increase from its current 100 000 to 200 000 cars by 2005. Toyota plans to overhaul its local plant into a production base specialising in Corolla saloons and will export 80 000 saloons to Europe annually.
According to the report, TMC is also considering building new plants in Eastern Europe and Russia to start three years from now.