Toyota City, Japan, May 31, 2012—Toyota Motor Corporation (TMC) announces that Kuozui Motors, Ltd. (Kuozui), its production affiliate in Taiwan, held a ceremony at its Chung-Li Plant in Zhongli, Taiwan on May 30 to mark cumulative vehicle production of two million units* in Taiwan.
Regarding the achievement, Kuozui president Haruaki Hoshino said: "As a result of the close collaboration with our associates to make vehicles that please consumers, we have reached the remarkable milestone of cumulative production of 2 million units in Taiwan. In February of this year, we began production of the 'Camry Hybrid', the first hybrid vehicle to be produced in Taiwan, and hope to continue bringing joy to people through our products."
TMC established Kuozui as its first vehicle production base in Taiwan in 1984. Production of the "Dyna" commercial-use truck commenced at the Chung-Li Plant in 1986, and the construction of the company's second production base, Kuan-Yin Plant, was completed in 1995. In 2009, Kuozui Motors began producing the "Corolla" for export to the Middle East.
TMC, based on its founding philosophy of contributing to society through the manufacture of automobiles, is dedicated to producing ever-better cars for the benefit of consumers and society and for the development of the automobile industry in Taiwan.
Overview of Kuozui Motors, Ltd. (as of April 30, 2012)
|Equity participation||TMC: 65%; Hotai Motor: 30%; Hino Motors: 5%|
|Capital||3.46 billion Taiwan dollars|
|Location||Chung-Li Plant||Kuan-Yin Plant|
|Zhongli, Taoyuan County||Guanyin, Taoyuan County|
|Products||Corolla||Vios, Yaris, Wish, Innova (IMV*), Camry, Camry Hybrid, Hino large vehicles, others|
|Site area||227,000 m2||336,000 m2|
|Production capacity||100,000 units/year||65,000 units/year|
|Timeline||1984 Kuozui Motors established|
|1986 Dyna production commenced at Chung-Li Plant|
|1995 Kuan-Yin Plant completed|
|2009 Corolla production for export to the Middle East commenced|
|2012 Camry Hybrid production commenced|
|Production volumes||1997 Cumulative production reaches 500,000 units|
|2003 Cumulative production reaches 1 million units|
|2008 Cumulative production reaches 1.5 million units|
|*A project aimed at creating an optimal production and supply network on a global scale; the project consists of three pickup trucks, a minivan and an SUV.|
*Includes Hino trucks