Oct. 22, 2013

Toyota to Begin 2.7-liter ‘Land Cruiser Prado’ Production in China

 

Chengdu, China, October 22, 2013―Toyota Motor Corporation (TMC) announces that Sichuan FAW Toyota Motor Co., Ltd. (SFTM), a vehicle production joint venture between TMC and the China FAW Group Corporation (FAW), will begin producing the 2.7-liter “Land Cruiser Prado” SUV at its Chengdu Plant in March 2015, augmenting the plant’s current production of the 4.0-liter version. The annual production capacity of SFTM’s Chengdu Plant will be increased from 30,000 units to 50,000 units. Plans call for approximately five billion yen to be invested in the plant, and for the hiring of approximately 500 new employees.

At the groundbreaking ceremony held here today, SFTM President Akio Kato said: “Toyota has always been able to rely on the SFTM Chengdu Plant, our first automobile production site in China, as a key base for our business here. Going forward, we will continue to build cars that meet the needs of Chinese consumers.”

Overview of Sichuan FAW Toyota Motor Co., Ltd. (SFTM)

Representatives

President: Akio Kato

Vice President: Tian Ying Chun

Establishment

November 1998

Capital

349 million U.S. dollars

Equity participation

China FAW Group Corporation: 50%; Toyota Motor Corporation: 50%

Plant


Chengdu Plant

Changchun Plant

East Plant

West Plant

Location

Nansan Road, Economic Development District, Chengdu Economic & Technological Development Zone, Chengdu, Sichuan

No. 5 Gate, Dongfeng Street, Changchun, Jilin

Fengyue Road, Changchun Economic and Technology Development Zone, Changchun, Jilin

Start of production

December 2000

October 2003

May 2012

Production series

Coaster, Land Cruiser Prado

Land Cruiser, Prius

RAV4

Production capacity

30,000 units/year

(50,000 units/year in 2015)

10,000 units/year

100,000 units/year

Site area

Approx. 450,000 m2

Approx. 75,000 m2

Approx. 970,000 m2

Employees

Approx. 2,200

(2,700 in 2015)

Approx. 4,800

Note: In addition to SFTM, TMC’s vehicle production affiliates in China include Tianjin FAW Toyota Motor Co., Ltd. (TFTM) and
GAC Toyota Motor Co., Ltd. (GTMC).

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  • SFTM Chengdu Plant
    SFTM Chengdu Plant
  • SFTM Chengdu Plant
    SFTM Chengdu Plant
  • SFTM Chengdu Plant
    SFTM Chengdu Plant
  • Land Cruiser Prado
    Land Cruiser Prado
  • Land Cruiser Prado
    Land Cruiser Prado
  • Coaster
    Coaster