Dec. 10, 1996

First Car Lined Off at Toyota Argentina's Zarate Plant


Tokyo―TOYOTA MOTOR CORPORATION (TMC) announced today that the first locally produced Hilux came off the assembly line at the Zarate Plant of Toyota Argentina S.A. on December 9 at 11:00 a.m. local time (23:00 the same day Japan time). Toyota Argentina produces and sells Toyota products in the Argentine Republic.

Scheduled to begin mass production in March 1997, the Zarate Plant will produce 10,000 units a year for the time being, while plans call for annual production to be raised to 20,000 units once full-scale operation is underway. Beginning in the spring of 1997, Toyota Argentina will be exporting about half of its production to Brazil.

TMC and Toyota Argentina plan to continue contributing to the Argentine economy by procuring parts and materials locally and creating employment opportunities for the Argentine people.

Toyota Argentina S.A. Outline

  1. Representative
    President Tsuneo Arima
  2. Head office location
    Zarate, Buenos Aires, Argentina;
    (84km northwest of central Buenos Aires)
  3. Established
    May 1994
  4. Capital
    100 million pesos ($1=1 peso)
  5. Capital participation
    99% by TMC; 1% by Decaroli S.A.
  6. Employees
    About 400 (as of December 1996);
    planned increase to 800 when the plant starts full-scale operation

Zarate Plant Outline

  1. Site area
  2. Building area
  3. Total investment
    About US$100 million
  4. Annual production capacity
    20,000 units (at full-scale operation on two shifts)
  5. Product line
    Hilux 4x2 and 4x4
  6. Start of production
    December 1996