Although
it has this week denied committing to build an assembly plant, Toyota has already
begun preparations for the launch of Mexican sales on January 1, 2004.

According to the Mexico City daily Reforma, Toyota Motor Corporation has reached
an agreement with state-run technical colleges in the country to run special
training courses for car technicians.

Reforma says that, under the agreement, Toyota will provide specialised training
materials and expertise while the technical schools supply the classrooms, equipment
and teachers.

Toyota created a Mexican subsidiary earlier this year and announced it would
begin exporting vehicles from plants in the United States and Europe from January
1, 2004, when Mexico is scheduled to abolish import tariffs on vehicles from
the United States and Canada, under the terms of the North American Free Trade
Agreement (NAFTA).

The company is currently conducting market research to determine which models
it will sell in Mexico and the size of its dealership network, Reforma said.










To view related research reports, please follow the links
below:-

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The
world’s car manufacturers: A financial and operating review



The
automotive industry in Latin America: Mexico, Brazil and Argentina Forecasts
to 2005




Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now