Toyota Considers Supplying Cars to EU from Turkey

10/16/96

Kyodo has reported that Toyota Motor Corp. is considering shipping Corolla-model cars to the European market from its Turkish unit. The arrangement would replace exports from Japan, said company officials. Underlying the possibility is the fact that Turkey joined a European Union pact in January, giving it a tariff advantage for exports to Europe.

Toyotasa Toyota Sabanci Automotive Industry and Trade Inc. in Turkey made a total of 21,000 Corolla sedans and Corolla station wagons for the local market in 1995. During the same year, Corolla exports from Japan to the EU totaled 92,000 vehicles.

Paul Dever -- The Auto Channel