Toyota Motor Philippines marks 500,000th unit production milestone

By MUMLOLOUK payday loans

12 March 2012

Toyota Motor Philippines marks 500,000th unit production milestone

 
500_mainToyota Motor Philippines (TMP) began production of completely knocked-down (CKD) and semi knocked-down (SKD) units at its plant in Sta. Rosa, Laguna back in 1989. And 23 years later, what is now the Philippines' largest automaker marked yet another milestone when they celebrated the production of their 500,000th vehicle - a brand new Toyota Innova - in a ceremonial line-off held at TMP's headquarters last March 8, 2012.
 
“This milestone is a testament to the unrelenting devotion to excellence of every Team Member who helped make Toyota Motor Philippines what it is today,” remarked TMP Vice Chairman Alfred Ty. “We shall further solidify Toyota’s partnership with the Philippines while continuing to contribute to economic development in the country. We shall constantly innovate ourselves to meet the dynamic needs of our customers and remain committed to help shape a more progressive future for the Philippines.”
 
Illustrating TMP's contributions, Toyota Group's business operations (including their suppliers and dealers) provide employment for over 40,000 Filipinos. Likewise, the Toyota Group accounts for $805 million in exports for 2011, which is a significant proportion of the Philippines’ total automotive parts and components exports last year. And since its establishment, it has remitted around P120 billion in taxes and custom duties to the national and local government. 
 
TMP President Michinobu Sugata also expressed pride over the global quality skills of Filipino workers and their Philippine-made vehicles. “Indeed, we are a relatively small player in the Asia Pacific Region today in terms of volume, but we can compete head-to-head with any Toyota manufacturer in the region, or the world for that matter, in production quality.” 
 
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Marking 2012 as a year for the history books, the achievement closely follows TMP's 10th consecutive Triple Crown win, claiming the number one spot for passenger car sales, commercial vehicle sales, and overall sales. Additionally, TMP was presented the “Customer Service Excellence Award” by Toyota Motor Corporation earlier this month. 
 
In his special message, Toyota Motor Asia Pacific (TMAP) Chief Regional Officer for Asia Pacific region Takahiro Iwase strengthened TMP's commitment to maintain its local production facility despite economic advantages of importing all their units completely built-up (CBU). “We seek continued strong support from the Philippine Government to provide the right policy environment to help strengthen local manufacturing and improve the Philippine auto industry’s competitiveness in the Asia Pacific region.”   
 
Currently, TMP's production line assembles the Vios and Innova. In its history, the plant had also produced the Corolla, Corona, Crown, Camry, Lite-Ace, Tamaraw FX, and Revo.
 
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