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Toyota Turkey to increase exports with the new Corolla

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Toyota Turkey to hit USD 2.5 billion in exports with the new Corolla

Toyota Turkey is reported to focus on exports from Turkey. It was also expressed that the target export volume would be about USD 2.5 billion.

It is known that The new Corolla to enter production in the first half of 2013 in Toyota’s Sakarya plant in northwestern Turkey is expected to contribute to said increase in export sales from this country.

Currently, the company exports to about 30 countries and realizes an export figure of USD 1.5 billion per year. Thus with the contribution to come from the new Corolla to be added to the production linet he capacity is figured to go up to 150,000 vehicles.

It is also reported that the company has taken steps to expand its work force to 3,200 people while investing USD 150 million for production line upgrades at the facility.

13.12.2012
SOURCE: BTT

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