Apr. 06, 2012

Toyota IMV Sales Reach Global 5 Million-unit Mark

Toyota City, Japan, April 6, 2012—Toyota Motor Corporation (TMC) announces that worldwide cumulative sales of its Innovative International Multi-purpose Vehicle (IMV) project series reached 5 million units at the end of March.

Concerning the milestone, TMC Managing Officer Kazuhiro Kobayashi, who played a central role in the project, said: "The aim of this project is to offer high-quality vehicles to consumers in a timely manner.  I am very pleased that IMV sales have reached 5 million vehicles."

The IMV series consists of five vehicles—three pickup trucks, a minivan, and an SUV—specially developed in 2004 for introduction to over 140 countries and regions.  Based on the concept of producing vehicles where they are sold, TMC has established an optimal worldwide production and supply system to quickly offer attractive vehicles at an affordable price to consumers around the world.

Currently, the IMV series is manufactured in 11 locations, including four countries designated as global IMV supply bases: Thailand, Indonesia, Argentina and South Africa.  These four bases provide vehicles to markets in Asia, Europe, Africa, Oceania, Central and South America, and the Middle East.  Additionally, major components such as diesel engines produced in Thailand, gasoline engines produced in Indonesia and transmissions produced in the Philippines and India are distributed to IMV-producing countries.

The IMV series has won the favor of many consumers around the world and sales have grown steadily with cumulative sales reaching 1 million vehicles in 2006, 2 million in 2008, 3 million in 2009, 4 million in 2010, and 5 million in March this year.

As set forth in the Toyota Global Vision, TMC has positioned emerging markets as a top priority.  TMC aims to increase its sales in such markets from the present ratio of 40 percent of worldwide sales to 50 percent by 2015, through the strengthening of its core model of locally based production.

TMC will continue to use optimal supply systems to provide vehicles that meet the needs of individual markets around the world.


<Reference> Overview of IMV Vehicle Series

Series Body type Name Countries/Regions sold
IMV-I Pick Up
(Single Cab)
Hilux*1 ASEAN countries
Middle East
Middle and South America
Africa
Oceania
Europe
IMV-II Pick Up
(Extra Cab)
IMV-III Pick Up
(Dable Cab)
IMV-IV SUV Fortuner*2
(SUV)
ASEAN countries
Middle East
Middle and South America
Africa
Oceania
IMV-V Mini Van Innova*3 ASEAN countries
Middle East

 *1"Hilux Vigo" in Thailand; *2"SW4" in South America; *3"Kijang Innova" in Indonesia




End

IMV Factsheet

1. IMV Production, Export, and Production Capacity Increase Units:1,000units/year (YOY)
Country Production model Start of production IMV Production capacity Production results (2011) Export results (2011) Main export destination Timing of
1) Start of export,
2)Capacity increase
Thailand Samrong Hilux Aug. '04 230 338( 78) 202 Asia,
Oceania,
Mid-East,
Europe
1) Apr. '04
2)  Jan, '07
(BanPho plant
start of
production)
Banpho Hilux
Fortuner
Jan, '07
June '10
120
Indonesia Innova Sept, '04 100 107(121) 38 Mid-East 1) Nov. '04
2) April '05
Fortuner Oct. '06
South Africa Hilux April '05 120 117(132) 87 Africa,
Europe
1) Oct. '05
2) Aug. '06
Fortuner Feb. '06
Argentina Hilux Feb. '05 92 70(100) 47 Mid/South America
1) Feb. '05
2)  Jan. '06
Nov. '11
Fortuner Sept. '05
India Innova Feb. '05 90 63( 97) 2) Oct. '11
Fortuner Aug. '09
Philippines Innova Jan. '05 Not disclosed 12( 91)
Malaysia Hilux March '05 Not disclosed 23( 97)
Innova May '05
Fortuner Aug. '05
Venezuela Hilux July '05 Not disclosed 5( 73) (Export to
Columbia and
Ecuador:
'05-'07)
Fortuner March '06
Vietnam Innova Jan. '06 Not disclosed 12( 81)
Fortuner Feb. '09
Taiwan Innova June '07 Not disclosed 3(123)
Pakistan Hilux Oct. '07 Not disclosed 4(191)
Egypt Fortuner with in '12 Not disclosed
Total 753(93) 374

 *Production capacity: 2 shifts, no overtime



2. IMV Sales (by region) * finalized figure Units:1,000units/year (YOY)
Region   Sales Results
countries 2010 2011 Feb. 2012 Jan-Feb .2012
Asia Indonesia, Thailand,
Philippines, Malaysia,
Singapore, Vietnam,
Taiwan, India, Pakistan,
others
382(136) 356( 93) 46(142) 87(138)
Mid-East Saudi Arabia, Oman,
Kuwait, UAE, Qatar, others
148(129) 130( 88) 14(129) 23(108)
South
America
Argentina, Venezuela,
Chile, Brazil, others
118(128) 112( 95) 8( 89) 15( 88)
Africa South Africa, Algeria,
Egypt, Nigeria, others
85(115) 100(118) 9(114) 17(109)
Oceania Australia, New Zealand,
others
45(105) 42( 93) 3( 77) 4( 62)
Europe Germany, France, U.K.,
Italy, Spain, Netherlands,
Belgium, Portugal,
Denmark, Greece, Ireland,
Sweden, Norway, Poland,
Russia, Turkey, Israel,
others
24(103) 29(121) 2( 82) 3( 74)
Central America Mexico 5(115) 4( 74) 0.2( 63) 0.2( 31)
Total 807(128) 773( 86) 81(124) 149(116)


3. IMV Sales (by model)* finalized figure Units:1,000units/year (YOY)
IMV Series Region 2010 2011 Feb. 2012 Jan-Feb 2012
Hilux (pick-up truck) North America, Europe,
Africa, Asia, Oceania,
Mid/South America,
Mid-East
549(125) 518( 94) 52(118) 95(110)
Fortuner (SUV) Asia, Oceania,
Mid/South America,
Mid-East, Africa
113(143) 108( 96) 12(128) 22(129)
Innova (Minivan) Asia, Mid-East 145(127) 146(101) 17(145) 32(132)
IMV Total 807(128) 773( 96) 81(124) 149(116)


4. IMV Production/Export bases (parts and engines )* finalized figure Units:1,000units/year (YOY)
Country Company Main product Production results:
2011
Export results:
2011
Thailand STM diesel engine 370 131
Indonesia TMMIN gasoline engine 115 40
Philippines TAP M/T 333 325
India TKAP M/T 148 137



End