22 October 2013

Toyota to expand production capacity of plant in Chengdu, China

Chengdu, China - 22 October 2013—Toyota Motor Corporation (TMC) announced that Sichuan FAW Toyota Motor Co., Ltd. (SFTM), a vehicle production joint venture between TMC and the China FAW Group Corporation (FAW), will begin producing the 2.7-liter “Land Cruiser Prado” SUV at its Chengdu Plant in March 2015, augmenting the plant’s current production of the 4.0-liter version. The annual production capacity of SFTM’s Chengdu Plant will be increased from 30,000 units to 50,000 units. Plans call for approximately five billion yen to be invested in the plant, and for the hiring of approximately 500 new employees. 

SFTM President Akio Kato said: “Toyota has always been able to rely on the SFTM Chengdu Plant, our first automobile production site in China, as a key base for our business here. Going forward, we will continue to build cars that meet the needs of Chinese consumers.” 

Source: Toyota