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Toyota Expands Exports From Indonesia; Avanza Destinations Increase, IMV Fortuner Added to List


PHOTO

Tokyo, Japan, Dec. 11, 2006 - (JCN Newswire) - Toyota Motor Corporation (TMC) announced today that PT. Toyota Motor Manufacturing Indonesia (TMMIN) - TMC's vehicle production company in Indonesia - has significantly enhanced its export efforts by shipping the PT. Astra Daihatsu Motor (ADM)-produced Toyota Avanza(1) small car to more countries and by adding the TMMIN-produced IMV(2) Fortuner SUV to its export list.

As part of a Toyota Avanza destination-expansion effort started in August with shipments to South Africa, the small multipurpose vehicle will now be exported by TMMIN to the Philippines and other countries in Africa, the Middle East, Latin America and Oceania. This is expected to result in approximately 22,000 units being shipped in 2007, compared to an approximately 2,000 units in 2005, when the model was originally exported only to Thailand and Brunei Darussalam.

Exports of the Fortuner SUV to the Middle East, which were announced in May and began in November, are expected to reach approximately 10,000 units a year, starting in 2007. This would result in TMMIN exports (including those of the ADM-produced Toyota Avanza and other TMMIN-produced models) of approximately 40,000 units in 2007, compared to an approximately 7,000 units in 2005. When including engines and other production components, such exports would be worth 950 million U.S. dollars.

The enhanced export efforts were marked today with a ceremony at the stockyard of PT. Toyota Astra Motor (TAM) attended by numerous dignitaries, including Indonesia's Minister of Industry Fahmi Idris and Japanese Ambassador to Indonesia Shin Ebihara. TAM is the marketing, distribution and after-sales service company for Toyota vehicles in Indonesia.

TMC has positioned Indonesia as an important and promising market within its global strategy and as a production and supply base for minivans, SUVs and gasoline engines. In doing so, TMC intends to further contribute to the development of both Indonesia's automotive industry and the nation's economy as a whole.

Outline of TMMIN

Company name:         PT. Toyota Motor Manufacturing Indonesia 
Location:             North Jakarta, Indonesia 
President:            Hidematsu Ibaragi 
Shareholders:         TMC (95%), PT. Astra International (5%) 
Production Start:     1970 
Product lineup:       Kijang Innova, Kijang pickup truck, 
                      Fortuner and gasoline engines 
Production capacity:  110,000 units/year (Sunter Plant 1 and Karawang
Plant) 
Employees:            Approx. 5,500 (as of April 2006)
(1) Production of the Avanza and its Daihatsu sister model Xenia began
in December 2003 as the first jointly developed models to be built by
PT. Astra Daihatsu Motor. Sales of the Avanza through PT. Toyota-Astra
Motor and sales of the Xenia through PT. Astra International began in
January 2004. Exports of the Avanza to Thailand through PT. Toyota Motor
Manufacturing Indonesia began in May 2004.

(2) Innovative International Multipurpose Vehicle (IMV) of the Toyota
IMV Project aimed at creating an optimal production and supply network
on a global scale; the project consists of three pickup trucks, a
minivan and an SUV.