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Foundry Daily News

12. February 2014

INDONESIA: Toyota, Daihatsu, start shipping compacts to Philippines

Toyota Motor and specialist minicar and light truck affiliate Daihatsu Motor have started exports of a compact car based on the Toyota Agya from Indonesia to the Philippines, with sales planned to begin at the end of this month.

The car, produced by Daihatsu’s Indonesian subsidiary, PT Astra Daihatsu Motor (ADM), will be sold in the Philippines as a Toyota by local NSC Toyota Motor Philippines Corporation (TMP).

Initial export volume is planned at around 500 a month.

At an export ceremony held in Jakarta on Monday (3 February, 20145), Daihatsu executive vice president Tatsuya Kaneko said: “By being the first to export a Low Cost Green Car (LCGC) vehicle, we are very pleased to contribute to the Indonesian automobile industry through the advancement of vehicle exports.”

The Indonesian government LCGC vehicle programme is intended to encourage the widespread use of affordable and fuel efficient cars in the country with certified vehicles eligible for reduced taxes.

TMC managing officer Hiroyuki Fukui said: “With exports including engines and complete (CBU) vehicles to more than 80 countries and regions, Toyota and Daihatsu consider Indonesia a vital global manufacturing and supply base.

"In 2013, we exported more than 138,000 CBU vehicles from Indonesia - over 80% of total CBU exports.”

Source: www.just-auto.com

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