Toyota To Begin 2.7-liter ‘Land Cruiser Prado’ Production In China

Toyota to Begin 2.7-liter ‘Land Cruiser Prado’ Production in China – Oct 22, 2013– Chengdu, China (AutoReleased) – Toyota Motor Corporation (TMC) announces that Sichuan FAW Toyota Motor Co., Ltd. (SFTM), a vehicle production joint venture between TMC and the China FAW Group Corporation (FAW), will begin producing the 2.7-liter “Land Cruiser Prado” SUV at its Chengdu Plant in March 2015, augmenting the plant’s current production of the 4.0-liter version.  The annual production capacity of SFTM’s Chengdu Plant will be increased from 30,000 units to 50,000 units.  Plans call for approximately five billion yen to be invested in the plant, and for the hiring of approximately 500 new employees.

Toyota Land Cruiser Prado

Toyota Land Cruiser Prado

At the groundbreaking ceremony held here today, SFTM President Akio Kato said: “Toyota has always been able to rely on the SFTM Chengdu Plant, our first automobile production site in China, as a key base for our business here.  Going forward, we will continue to build cars that meet the needs of Chinese consumers.”

Overview of Sichuan FAW Toyota Motor Co., Ltd. (SFTM)

Representatives President: Akio Kato
Vice President: Tian Ying Chun
Establishment November 1998
Capital 349 million U.S. dollars
Equity participation China FAW Group Corporation: 50%; Toyota Motor Corporation: 50%
Plant Chengdu Plant Changchun Plant
East Plant West Plant
Location Nansan Road, Economic Development District, Chengdu Economic & Technological Development Zone, Chengdu, Sichuan No. 5 Gate, Dongfeng Street, Changchun, Jilin Fengyue Road, Changchun Economic and Technology Development Zone, Changchun, Jilin
Start of production December 2000 October 2003 May 2012
Production series Coaster, Land Cruiser Prado Land Cruiser, Prius RAV4
Production capacity 30,000 units/year
(50,000 units/year in 2015)
10,000 units/year 100,000 units/year
Site area Approx. 450,000 m2 Approx. 75,000 m2 Approx. 970,000 m2
Employees Approx. 2,200
(2,700 in 2015)
Approx. 4,800

Note: In addition to SFTM, TMC’s vehicle production affiliates in China include Tianjin FAW Toyota Motor Co., Ltd. (TFTM) and GAC Toyota Motor Co., Ltd. (GTMC).

 

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