January 30, 2015

Toyota to boost annual Etios production in Brazil

Toyota Motor Corporation 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.

"This expansion of Etios production at our Sorocaba Plant is a result of always listening carefully to customer feedback to produce ever-better cars. In that respect, I feel that the Etios series is one that has been raised and nurtured by Brazilian consumers. We will continue to carry out business with a community-based approach in the hope of contributing to Brazil's society and economy," said Koji Kondo, President, Toyota do Brasil LTDA.

Steve St. Angelo, Chairman, Toyota do Brasil and Toyota's CEO for Latin America and the Caribbean Region, added, "I am very proud of the good teamwork and cooperation of our Toyota Brazil Team. They build quality in every car. They take care of the customers, creating Toyota fans. Our team members, suppliers, dealers, customers and all of our partners have made my dream come true today. Congratulations on this expansion and creating much-needed Brazilian jobs."


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