Dec. 03, 2010

Cumulative Thai Toyota Production Hits 5 Million Mark

 

Chachoengsao, Thailand, December 3, 2010―Toyota Motor Corporation (TMC) announces that Toyota Motor Thailand Co., Ltd. (TMT) marked cumulative production of 5 million vehicles in Thailand with a ceremony at TMT's Ban Pho Plant.

At the ceremony, whose attendees included Thai Minister of Industry Chaiwuti Bannawat, TMC President Akio Toyoda said that Toyota's business in Thailand has grown together with the country thanks to the support of the Thai people, and that reaching cumulative production of 5 million vehicles was the result of Toyota members in Thailand working together to provide Thai consumers with vehicles that meet their needs.  TMT President Kyoichi Tanada said that he was extremely happy that TMT has developed along with the Thai economy and has contributed to society.

TMC established TMT in 1962 as its second overseas production site, following Brazil.  TMT has conducted production with strong local ties here since assembly of the "Tiara" sedan and the "Stout" truck started at the Samrong Plant in 1964.

Also due to mark a 5-million-unit production milestone this month is Siam Toyota Manufacturing Co. Ltd. (STM), TMC's engine-production subsidiary here.

Under its founding philosophy of contributing to society through the manufacture of automobiles, TMC―around the world―strives to supply high-quality products that are suited to regional conditions and that are reasonably priced, and to contribute to the development of automobile industries by creating jobs and developing human resources.
Outline of TMT and STM
  Company Toyota Motor Thailand Co., Ltd. (TMT) Siam Toyota Manufacturing Co., Ltd. (STM)
  Established 1962 1987
  President Kyoichi Tanada Shigeru Murai
  Equity participation TMC: 86.4%; The Siam Cement Public Company Ltd.: 10.0%; others: 3.6% TMC: 96%; The Siam Cement Public Company Ltd.: 4.0%
  Product
lineup
Gateway Plant: Camry, Camry Hybrid, Corolla, Vios, Yaris and Prius Engine (diesel/gasoline), propeller shaft
Samrong Plant: Hilux
Ban Pho Plant: Hilux and Fortuner
  2009
production
results
Approx. 435,000 units Approx. 468,000 units
  Employees Approx. 14,800 (as of September 30, 2010) Approx. 2,600 (as of November 30, 2010)
  Milestones 1964: Samrong Plant opens
1996: Gateway Plant opens
2004: IMV Project launched
2007: Ban Pho Plant opens
1989:  Lard-kabang Plant engine production (domestic/export use) starts
1992:  Bangpakong Plant casting starts
1997: All Lard-kabang Plant production shifted to Bangpakong Plant
Cumulative production 1996: 1 million units
2006: 3 million units
2010: 5 million units
2001: 1 million units
2007: 3 million units
2010: 5 million units (forecast)