Toyota Starts CVT Production in China
Production of Hybrid Vehicle Transaxles to Begin in 2015
Tokyo, July 31, 2014 - (JCN Newswire) - Toyota Motor Corporation's
(TMC's) vehicle powertrain production subsidiary in Changshu, China,
Toyota Motor (Changshu) Auto Parts Co., Ltd. (TMCAP), held a ceremony here
today to officially mark the start of localized production of continuously
variable transmissions (CVTs), which is a first for Toyota outside Japan.
Production of transaxles for hybrid vehicles-also a first for Toyota outside
Japan-is scheduled to begin here in 2015.
The ceremony was attended by Chinese government officials, representatives
from the Japanese Consulate in Shanghai and TMC's Chinese joint-venture
partners, and TMCAP Chairman Seiichi Sudo1.
At the ceremony Sudo said: "TMCAP is collaborating with TMEC2, our
hybrid-focused R&D facility nearby, to develop and produce the
environment-friendly vehicles that Chinese consumers want and the future
Established in July 2012, TMCAP began production of CVTs for compact cars on
July 14. TMCAP-produced CVTs are already being used in new "Corolla"
and "Levin" models launched in China this summer, and are also
planned for use in other compact vehicles in the future.
TMCAP is working to address anticipated demand for hybrid vehicles in China,
with preparations underway to also locally produce hybrid system batteries and
inverters. China-made hybrid components will be used in China-market Corollas
and Levins starting in 2015.
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 December 2012, Toyota conducts its
business worldwide with 52 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.
Toyota Motor Corporation
Public Affairs Division
Global Communications Department
Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net
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