Saturday, June 15, 2013

A subsidiary of Toyota to increase production ~ car loan






- Numerous subsidiary of Toyota, including Shiroki Corp., Hino and Toyota Industries Corp. is pushing production and sales network.



Manufacturer of auto parts Shiroki Corp. has said it will establish a new company in Ohira, Miyagi Prefecture in July to manufacture seat components and controls for the car window.


Shiroki will invest about 200 million yen to build new companies and companies will start production in January next, providing products for a branch of Toyota Boshoku Corp. located in Ohira.


Shiroki While the finished product is produced in a factory in Aichi Prefecture and transfer them to Miyagi, the new company will receive semi-finished products, assembling them into finished products to reduce transportation costs.


The largest shareholder of the company Shiroki Japanese car manufacturer Toyota.


Meanwhile, the company has said they Hino began marketing medium truck company in Kenya with Toyota Tsusho Corp., the trading is expected to increase demand in African markets.


Since Hino wanted to test a Kenyan company will assemble the trucks from the spare parts imported from Japan and therefore, the company specializes in manufacturing trucks and buses in Japan may sell 300 vehicle in fiscal 2013 and 450 in fiscal 2014 through the sales channels of the local branch of Toyota Tsusho.


Hino has produced and marketed approximately 600 trucks in Kenya from 1978 to 1998 but then had to withdraw from the market due to political unrest. Among the Japanese car company, Isuzu, Mitsubishi Fuso Truck and Bus Corp. and UD Trucks Corp. has been present in Kenya and the market. Hino is also a subsidiary of Toyota.


A subsidiary of Toyota is Toyota Industries Corp. and others have said the total engine output they produce has reached 15 million units in the last 2 months. Since starting the engine went into production in 1953, Toyota Industries has produced 5.5 million gasoline and diesel 9.5 million, including 12.8 million engines fitted to cars for longer 2.2 million engines are in service industries.


Toyota Industries Corp. plans to produce 776,000 engines a record level in fiscal 2013. Now the company is producing 15 engines at two plants located in Aichi Prefecture of Japan.

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