New 'Corolla' Line-off Ceremony Held at Turkey Plant Sakarya, Turkey, July 1, 2013 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces that Toyota Motor Manufacturing Turkey, Inc. (TMMT), TMC's production base in the Republic of Turkey, held a line-off ceremony today for the new "Corolla", now being produced here at its Sakarya Plant. Attendees at the ceremony included the Turkish Minister of Economy Zafer Caglayan, the Turkish Minister of Science, Industry and Technology Nihat Ergun; TMC Chairman Takeshi Uchiyamada, Executive Vice President of Toyota Motor Europe NV/SA Takeshi Numa and TMMT President and CEO Orhan Ozer. At the ceremony Uchiyamada said: "The new Corolla, which has been reborn with styling that is more refined and more luxurious, is the new global symbol for our efforts to make ever-better cars. I am very proud that the European version of the new Corolla will call Sakarya its home. Let us continue to write the Corolla's history". The new Corolla has a refined design with a spacious interior for greater comfort, is equipped with outstanding safety features and provides excellent driving performance. Export destinations for the TMMT-produced Corolla include Europe, North Africa, the Middle East, and Central Asia. TMMT newly invested approximately 150 million euros to launch the new Corolla, creating roughly 900 jobs for temporary employees. TMMT now exports its products, the Corolla and the "Verso" family car, to more than 50 countries and regions. Overview of Toyota Motor Manufacturing Turkey, Inc. (TMMT) President: Orhan Ozer Establishment: July 1990 Equity participation: - Toyota Motor Europe SA/NV: 90% - Mitsui & Co., Ltd.: 10% Location: Sakarya, Turkey Start of production: September 1994 Product lineup: Verso, Corolla Production capacity: Approx. 150,000 units/year Employees: Approx. 3,300 (including newly hired temporary employees) About Toyota Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of March 2012, Toyota conducts its business worldwide with 50 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 160 countries and regions. For more information, please visit www.toyota-global.com. Contact: Toyota Motor Corporation Public Affairs Division Global Communications Department Tel: +81-3-3817-9926 Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net Provider ID: 00026980
New 'Corolla' Line-off Ceremony Held at Turkey Plant
Press spacebar to pause and continue. Press esc to stop.