Monday, May 12, 2014

Toyota Motors

Business Profile - Toyota Motor Philippines Corporation is engaged in the manufacture of Automotoive Vehicles and sale of automotive spare parts. - In 1995, the Toyota Santa Rosa (Laguna) Industrial complex was declared as a Special Economic Zone. The 82-hectare Toyota Special Economic Zone (TSEZ) is home to Toyota’s manufacturing plant and head office and houses a number of investors performing strategic roles in the manufacture and export of automotive products to ASEAN, Japan and other parts of the world. - The best-selling Vios and Innova are proudly made in Santa Rosa City, Laguna. - TMP is the biggest automotive company and the market leader in the country, with the widest vehicle line-up of 18 models and a sales distribution and service network composed of 43 outlets nationwide as of February 2014. - In term of sales, TMP has achieved the much-coveted Triple Crown award from 2002-2013, being No. 1 in Passenger Car Sales, No. 1 in Commercial Vehicle Sales and No. 1 in Total Sales. - TMP is a joint venture of GT Capital Holdings, Inc., Toyota Motor Corporation and Mitsui & Co. Ltd. - Subsidiary: - Toyota San Fernando Pampanga, Inc. - Toyota Makati, Inc. - Lexus Makati, Inc. http://www.toyota.com.ph/ News 2014: - Toyota Motor Philippines Corp. (TMP), the countrys largest automotive company, is revising its annual plan to prepare for the possible surge in market demand given the start of motorization stage of the domestic economy. - Part of its preparation is TMPs projects in the pipeline that include increasing production capacity through plant improvements, as well as localization of additional 15 press parts for the Vios - Toyota Motor Corporation (TMC) and Daihatsu Motor Co., Ltd. (Daihatsu) announced the start of exports of a compact car based on the Toyota "Agya"[1] from Indonesia to the Philippines 2013: - Toyota Motor Philippines Corp. (TMP) yesterday announced a parts localization program that would double its local content for its best selling model Vios to 40 percent in 2014 with over 300 locally-sourced parts and substantially improve the capacity utilization of its highly underutilized press plant. - This year, the top automotive company in the country has added four more dealerships to its network to kick-off the next phase of its expansion plans. Toyota Calamba, Laguna (TCL), Toyota Mandaue South, Cebu (TMD-S), Toyota Marilao, Bulacan (TMR) and Toyota Tacloban (TTL) - Toyota's network of dealerships has already reached 35 and is expected to increase. http://business.highbeam.com/ GT Capital Holdings, Inc. is a publicly listed company. It is the primary vehicle for the holding and management of the diversified business interests of the Ty family in the Philippines. The Company holds interests in banking, real estate development, power generation, automotive and life insurance. GTCAP's current portfolio of businesses comprises of directly held interests in Metropolitan Bank & Trust Company; Federal Land, Inc.; Global Business Power Corporation; Toyota Motor Philippines; and Philippine AXA Life Insurance Corporation.

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