Mar. 27, 1995

Hino Motors, Ltd.
Toyota Motor Corp.

New Plant Completed in Taiwan

 

Tokyo―HINO MOTORS, LTD. and TOYOTA MOTOR CORPORATION (TMC) announced today that Kuozui Motors Ltd. held a ceremony today to mark the completion of its new plant exclusively for production of commercial vehicles at the Kuan Yin Industrial Complex.

The ceremony was attended by many guests, including Chairman Kaneyoshi Kusunoki of Hino Motors, Ltd., TMC Senior Managing Director Akira Takahashi, and Chairman Su Yannhuei of Kuozui Motors Ltd.

Kuozui Motors was established in 1984 with investment from Hino Motors and other enterprises to produce large trucks and buses. In 1986, TMC invested in the company for production of the Zace and the Corona models, which commenced in June 1988 and March 1989, respectively. A total of 68,000 units were manufactured in 1994.

As operation start-up at the Kuan Yin Plant, the existing Chung Li Plant will manufacture passenger cars only. The combined production capacity of both plants will be approximately 110,000 units per year.

Kuan Yin Plant Outline

  1. Location
    Kuan Yin Industrial Complex, Kuan Yin, Taoyuan
  2. Total investment
    NT$3.5 billion (approx. ¥14 billion)
  3. Production capacity
    30,000 units/year
  4. Vehicle types produced
    Zace, Dyna, large trucks (Hino), and buses (Hino)
  5. Production start
    March 1995
  6. Number of employees
    Approx. 450

Kuozui Motors Ltd. Outline

  1. Establishment
    April 1984 (Toyota investment in June 1986)
  2. Head office
    Sung Chiang Road, Taipei
    Chung Li Plant
    Chung Li Industrial Complex, Chung Li, Taoyuan
  3. Capital
    NT$2 billion (approx. ¥8 billion)
  4. Total production capacity
    Approx. 110,000 units/year
    Chung Li Plant
    80,000 units/year
    Kuan Yin Plant
    30,000 units/year
  5. Vehicle types produced
    Chung Li Plant
    Corona Exsior and Corona
    Kuan Yin Plant
    Zace, Dyna, large trucks (Hino), and buses (Hino)
  6. Shareholders
    Hino Motors, Ltd.
    25.2%
    Toyota Motor Corp.
    22.0%
    Mitsui & Co., Ltd.
    1.8%
    Local enterprises
    51.0%
  7. Number of employees
    Approx. 1,500