A new business plan, called Vision 2020, sets a sales target of ¥3.3 trillion, with business outside Japan growing to 50% from an estimated 40% today. Most of the growth will be seen in China, India, Brazil and Indonesia....More
Toyota, which has installed some 1 million units of engine capacity in China, intends to raise local content to upwards of 95%. A similar capacity expansion by the auto maker’s main automatic transmission supplier, Aisin, is in the works....More
The auto maker experienced more difficulties than most, because of the size and complexity of its vehicle lineup. But most options considered to reduce its exposure to future natural disasters proved neither cost-effective nor practical....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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