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Toyota Starts New Engine, Transmission Production in Poland

Eine Meldung von Toyota Motor Europe S.A./N.V.

Toyota Motor Manufacturing Poland (TMMP) today officially started the production of a new gasoline engine and manual transmission – to be used in the forthcoming small passenger cars made jointly by Toyota and PSA Peugeot Citroën. The annual production capacity of TMMP for the 1.0-litre engine and manual transmission will be a targeted 250,000 units and 300,000 units respectively – bringing TMMP’s eventual total annual transmission production capacity to 550,000 units. TMMP already builds manual transmissions for Toyota vehicles with 1.3-litre to 1.8-litre engines. To support this growth, employment at TMMP will increase from 1,100 employees to approximately 1,800 by the end of 2005 – while total investment amounts to €400 million.

In 2005, Toyota’s manufacturing operations will count eight manufacturing plants in six different countries (U.K., France, Poland, Turkey, Portugal and the Czech Republic).

“Toyota is very proud of its expansion in Poland: While TMMP has started engine production and increased its transmission capacity, we will also begin diesel engine production at our second Polish plant this year,” said Shinichi Sasaki, President and CEO of Toyota Motor Engineering & Manufacturing Europe*. “Poland is a valuable economic and business partner, and our relations are strengthened further thanks to the hard work and dedication of Toyota’s Polish family members toward offering superior quality that always puts the customer first,” Mr. Sasaki added.

The Toyota Peugeot Citroën Automobile Czech (TPCA) plant in Kolin, Czech Republic, is a joint venture between Toyota and PSA Peugeot Citroën. TPCA will start manufacturing 300,000 small passenger cars this year, of which 100,000 will be Toyota AYGOs, with the remainder allocated to the Peugeot and Citroën brands.

Toyota Motor Industries Poland (TMIP) – located in Jelcz-Laskowice, Poland – will begin production of new diesel engines this year. With an annual production capacity of 150,000 units, TMIP will eventually employ 700 employees.

Toyota achieved an eighth consecutive record year of sales in Europe in 2004. With 915,966 vehicles delivered – 24,913 Lexus and 891,053 Toyota – Toyota saw sales rise by 10% over the previous year, in a total market up 2%. This resulted in a market share of 5% - the highest market share ever for Toyota in Europe. Toyota also produced 582,695 cars, 494,635 engines and 195,163 transmissions at its plants in the U.K., France, Turkey and Poland. For 2005, Toyota has set the target of selling 980,000 Toyota and Lexus vehicles in Europe.