Toyota has announced that it has expanded production capacity for the Corolla passenger car at its manufacturing plant in Brazil. The move comes amid growing concern about overcapacity in the Mercosul region following the collapse of demand in Argentina.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Toyota production capacity has been expanded from 15,000 units per year to 57,000 units at Indaiatuba Plant of Toyota do Brasil Ltda.


The Brazilian plant has been building Corollas in the state of Sao Paulo since 1998 and started producing the ninth-generation Corolla at the end of May this year.


Toyota says that the expansion at Indaiatuba involves additional investment of approximately $300 million.


This week Volkswagen‘s local boss said that he expects two carmakers to leave Brazil and Argentina within the next two years as capacity exceeds demand by around 50%.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Herbert Demel told Gazeta Mercantil: “We have a zoo with more beasts than meat to feed them.”