Possible Increase in Export Volume from Indonesia
Toyota City, Japan, February 8, 2012—Toyota Motor Corporation (TMC) announces that PT. Toyota Motor Manufacturing Indonesia (TMMIN), TMC's vehicle production subsidiary in Indonesia, plans to increase the annual production capacity at its currently-under-construction Karawang No. 2 Plant to 120,000 vehicles from an originally planned 70,000 vehicles.
The Karawang No. 2 Plant is scheduled to start production in early 2013 with an initial capacity of 70,000 units. The capacity at the No. 2 Plant is planned to increase to 120,000 in early 2014, bringing the number of new employees to approximately 1,500. The total investment for the construction and capacity increase at the Karawang No. 2 Plant is expected to be 41.3 billion yen.
The existing Karawang No. 1 Plant produces the "Kijang Innova" and the "Fortuner" core vehicles of the Innovative International Multi-purpose Vehicle (IMV) Project*. Together, the two plants will give Toyota an annual production capacity of 230,000 vehicles in Indonesia in early 2014, with further exports to be considered.
TMC is committed to continue contributing to Indonesia by producing automobiles that exceed consumer expectations.
Overview of PT. Toyota Motor Manufacturing Indonesia (TMMIN)
|Equity participation||TMC (95%), PT. Astra International (5%)|
|Location||North Jakarta, Indonesia|
|Total employees||5,700 (as of Sep. 30, 2011)|
|Plant||Karawang No. 1 Plant||Karawang No. 2 Plant (new)|
(Planned start of operations)
|Early 2014 (planned)|
|Annual production capacity||110,000 units||70,000 units||120,000 units|
|Production lineup||Kijang Innova, Fortuner||New vehicle models|
*Aimed at creating an optimal production and supply network on a global scale; the project consists of three pickup trucks, a minivan and an SUV.