Toyota Motor Manufacturing Indonesia has boosted exports by shipping the PT Astra Daihatsu Motor-produced Toyota Avanza small car to more countries and by adding the TMMIN-produced IMV Fortuner SUV to its export list.
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As part of a Toyota Avanza export-expansion effort started in August with shipments to South Africa, the small multipurpose vehicle will now be exported by TMMIN to the Philippines and other countries in Africa, the Middle East, Latin America and Oceania.
This is expected to result in approximately 22,000 units being shipped in 2007, compared to approximately 2,000 units in 2005, when the model was originally exported only to Thailand and Brunei Darussalam.
Exports of the Fortuner SUV to the Middle East, which were announced in May and began in November, are expected to reach approximately 10,000 units a year, starting in 2007. This would result in TMMIN exports (including those of the ADM-produced Toyota Avanza and other TMMIN-produced models) of approximately 40,000 units in 2007, compared to approximately 7,000 units in 2005.
When including engines and other production components, such exports would be worth $US950m.
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By GlobalDataTMC has positioned Indonesia as an important and promising market within its global strategy and as a production and supply base for minivans, SUVs and petrol engines.
