TOKYO - Toyota Motor Corp. has begun cranking up exports from its Thai subsidiaries to keep its plants there operating amid plunging demand in the local market.
Toyota Motor Thailand Co. has begun exporting Hilux trucks to Australia, in addition to previous export markets of the Philippines, Laos and Cambodia. Total export volume is expected to rise to 20,000 a year.
In addition, Siam Toyota Manufacturing Co. will begin exporting 2.4- and 3.0-liter diesel engines to India and South Africa starting in 1999. Exports will total 20,000 a year to India and 16,000 a year to South Africa, thus doubling Toyota's engine exports from Thailand.
Siam Toyota began exporting
2.4-liter diesel engines to Japan in December 1997 and to Indonesia, Malaysia, Portugal and the Philippines in August 1998.
TOKYO - Honda Canada Inc. will begin exporting Odyssey minivans to Japan next year, the first time the Canadian subsidiary has exported to Japan. Honda Motor Co. President Hiroyuki Yoshino says the Canadian-made van will help 'develop a new market segment.'
The Odyssey, built in a new $300 million (Canadian) plant in Alliston, Ontario, will be sold alongside the smaller Japan-built model.
Neither company would comment on export levels or sales targets for the vans, which will be sold with right-hand drive.