The Toyota group is planning to invest Y800 billion (US$6.61 billion) in plant and equipment in the fiscal year to March 2002. Despite slowing demand in the U.S., this figure is virtually unchanged from fiscal 2000.

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Toyota’s biggest spending programmes include starting minivan production in Indiana in early 2003, at a cost of $US800 million, and beginning SUV production in Canada, also in 2003, at a cost of $US450 million.


The group will also spend US$200 million to increase engine production in Alabama, while tripling output at three plants in Latin America.






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Toyota (inc Daihatsu) Strategic Review

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