Foundry Daily News

IN - Toyota India plans 200,000 units by 2015

BS reported that at a time when Japanese car maker Toyota Motor Corporation has announced its plans to cut overall capacity by between 700,000 and one million vehicles a year, the company's India unit is planning to touch a production of 200000 units by the year 2015.

Mr Yusuf Haji manager western regional office, sales operations division of Toyota Kirloskar Motor told Business Standard that "Our target is to achieve a production of 200,000 units by 2015. With the launch of the compact car by the end of 2010 or beginning 2011, we aim to reach our target. The compact car will be manufactured at Toyota India's upcoming second manufacturing facility in India.” Toyota which is present in India through a joint venture with the Kirloskar Group, expects to sell over 2000 units in 2009.

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