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Toyota South Africa (pty) Ltd
Address : Stand 1, Eastern Service Road Wesco Park, Sandton
City : Johannesburg
Country : South Africa
Phone : +27 11 809-9111
Fax : +27 11 444-3317
Website : www.toyota.co.za
Company Information
Company Profile : Toyota South Africa Will Export Over 140 000 Vehicles From Its Prospecton Plant Near Durban To Over 40 Global Destinations This Year, Following A Multi-billion Rand Upgrade That Has Turned The Company From A Local Supplier To An International Export Base, As Well As Africa’s Biggest Vehicle Manufacturer.

In A Statement Issued This Week, Toyota Sa Says It Started The Upgrade Programme Together With Its Japanese Parent, The Toyota Motor Corporation (tmc), In 2002 To Increase The Local Plant’s Production Volume From 100 000 Units Per Year. Tmc Owns 75% Of Toyota Sa.

As A Global Production Facility, Toyota South Africa Has Transformed From A Purely Local Supplier Into An Effective Export Base To Supply Vehicles Into Markets In Europe And Africa. The Company, Which Exports To More Than 40 Destinations, Says It Expects To Export Around 140 000 Units In 2008, Or Almost 60% Of Total Automotive Exports From South Africa.

"this Historic Occasion Aligns Toyota South Africa Closely With A Number Of Other Toyota Global Production Facilities, Each With Annual Manufacturing Capacity Of 200 000 To 250 000 Vehicles," Toyota Sa Ceo Johan Van Zyl Said At A Function This Week To Mark The Start Of Corolla Sedan Exports From The Prospecton Plant.

He Said That Toyota Sa Expected To Export 147 000 Hilux And Corolla Vehicles To More Than 40 Global Destinations In 2008, Accounting For Close On 60% Of South Africa’s Estimated Total Vehicle Exports, Of Over 250 000 Units, For The Year.

The Project Is Expected To Create Up To 4 000 New Job Opportunities, While Close To Half Of The Total Investment Has Been Spent On Local Suppliers With Established Black Economic Empowerment Credentials.

According To The Company, The Local Value Added Across The Hilux And Corolla Models Is More Than 60%, And Together With Components Exports Are Expected To Push The Value Of Toyota Sa’s Exports For The Year To Nearly R20-billion - Close To 1% Of The Country’s Gross Domestic Product (gdp).

"this [high Local Content Used] Makes Both Of These Models Compliant With The Requirements Of The European Free Trade Agreement With South Africa And Thus Eligible For Importation Into Europe Free Of Duty," Van Zyl Said. "toyota Is The First South African Vehicle Manufacturer To Achieve This."
Business Detail
Business Type: Manufacturers
Products:Passenger Cars, Trucks
 
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