Toyota Motor on Wednesday launched a new vehicle in Indonesia as part of a project to optimise its global production and supply network, CBS Marketwatch reported.
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A company statement reportedly said Toyota will soon start production of the ‘Kijang Innova’ in West Java. A Toyota spokeswoman said the company plans to produce 80,000 units a year. About 10,000 will be exported mainly to countries in Asia and in the Near East and Middle East regions.
Toyota also will produce 180,000 petrol engines a year, of which about 130,000 are set for export, the report added.
The new vehicle is the second of five IMVs – short for ‘innovative international multi-purpose vehicles’ – developed for sale in more than 140 countries, CBS Marketwatch said.
Toyota’s strategy reportedly calls for stepping up local production of pickup trucks and multi-purpose vehicles for markets in developing regions of Asia, Africa and Latin America.
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