KAZAKHSTAN: Toyota to assembly Fortuner locally
Toyota has signed a memorandum of understanding (MoU) with the Kazakhstan government to begin local knockdown production of the Fortuner from the spring of 2014 at a facility belonging to Saryarka AvtoProm in Kostanay.
The plan is to produce approximately 3,000 models a year, a project described by Kazakh Deputy Prime Minister as “a strategically important step towards the development of the automotive industry” in the country.
Toyota Europe chief Didier Leroy added: “We strongly believe that the potential for economic growth and a strong automobile market here is excellent. By starting production locally, we can actively contribute to the acceleration of motorisation and industrialisation of the country.”
Toyota established its operations in Kazakhstan as a sales and marketing company in May 2008 to import and sell Toyota- and Lexus-brand vehicles. Kazakhstan was chosen as a location for knockdown production in consideration of its market potential, Toyota said.
The battle over air conditioning refrigerant between Mercedes-Benz and France (more or less repping the EU) continued this week with neither side showing signs of backing down....
The media days for the 2013 Frankfurt Internationale Automobil-Ausstellung (IAA) are 10 & 11 September. Each of the following vehicles is a world premiere at the show....
Mazda is adding an engine factory to its Guanajuato, Mexico, assembly plant which is due to come on stream in the first quarter of next year....
Toyota's Aqua (Prius C) hybrid was again the top-selling car in Japan for July with sales of 28,657 units, up 9.1% year on year, industry bodies said....
New hybrid versions of Toyota's domestic market Corolla sedan and Fielder wagon have a 1.5-litre Atkinson cycle petrol engine rather than the 1.8 of the UK-produced Auris hatchback and wagon....
Toyota minicar unit Daihatsu is adding 200,000 units of passenger car engine capacity at Astra Daihatsu Motor in Indonesia. The extended line is scheduled to run from summer 2015....
Toyota Australia said it would spend A$123m on its local manufacturing operations to "build a major facelift vehicle from 2015 and expand its supplier development programme during the next five years"...
- ANALYSIS: Hyundai axes Veloster, goes after Toyota
- Review of 2014 (1)
- ANALYSIS: Future models for North America - Part 2
- ANALYSIS: Future models for North America - Part 1
- THE WEEK THAT WAS: Bleak Christmas ahead for some
- Ford union to block "even a screwdriver" at Genk
- JLR research removes blind spots
- Genk mayor organises "loudest shift" as Ford exits
- NHTSA lists Ford, Jaguar and Porsche recalls
- Bye, Chrysler, hello FCA US