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Jan. 30, 2015
Toyota to Boost Annual 'Etios' Production in Brazil
Toyota Motor Corporation today announced that its subsidiary Toyota do Brasil LTDA plans to increase annual "Etios" vehicle production at its Sorocaba Plant in Sao Paulo from 74,000 units to 108,000 units. The increase, which is scheduled to come into effect at the beginning of 2016, is aimed to meet increased demand for the vehicle series in Brazil, and will involve additional investment of around 100 million Brazilian real. Toyota will fully utilize its lean manufacturing expertise to ensure an optimal return on the investment through rigorous process innovation and highly efficient utilization of existing plant facilities.