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BEING
the market leader comes with social responsibilities,
such as creating more jobs and encouraging more
investments.
With
this in mind, Toyota Motor Philippines Corp. (TMP) hit
another milestone in the local motor industry as it
churned out the first of the Vios cars made in the
country and presented them in a historic line-off last
week at its plant in Santa Rosa, Laguna.
The
introduction of the all-new Vios, which aims to continue
its domination of the passenger-car division, coincided
with the 19th anniversary of the company.
“With
the completely knockeddown Vios, we are expanding our
local operation and contributing to the growth of the
Philippine automotive industry. Today, Toyota Motor
Philippines is the leading vehicle company in the
country and we are not only committed to meet the
dynamic needs of our customers but we are also proud to
be a continuing partner of the Philippine government in
building this great nation,” said TMP chairman Dr.
George S. K. Ty in his welcome remarks to all guests led
by the Department of Trade and Industry Secretary Peter
Favila.
Dr. Ty
added that his company “takes pride in contributing to
economic development as it had already invested P20
billion, produced more than 280,000 vehicles and
remitted over P70 billion in taxes and custom duties
since Toyota Motor Philippines was set up in
1988.”
This year alone, Toyota is putting in another P1 billion
with its Vios Localization Project.

First batch.
Kazuhiko Takarada,
Toyota Motor Corp. managing officer; Erwin Viduya,
Toyota Motor Philippines Corp. labor management council
chairman; and Hiroshi Ito, Toyota Motor Philippines
Corp. president, pour champagne on a Vios during the
model’s roll-off ceremony.
True to
his words,
Toyota this year had reported exports reaching $542 million, which
amounts to 27 percent of the total Philippine automotive
exports, according to Dr. Ty. “And we are doing our
share by employing 1,900 team members in TMP with
another 11,000 people in our network of dealers and
suppliers.
“Our
company and its team members are giving of themselves
and living up to the highest standards of good corporate
citizenship. Toyota welcomes the responsibility that
comes with leadership. Together with the Philippine
government, we are making our best effort to help move
the automotive industry and the Philippine economy
forward. With the all-new CKD Vios, Toyota is ready to
drive the future,” said Dr. Ty as he was met with
thundering applause from all the guests and workers at
the huge plant.
For his
part, TMP president Hiroshi Ito was oozing with
confidence as he declared that “by the end of the year,
TMP will finally break the all-time sales record that
Toyota set back in 1996.” He added that the local
vehicles sales have significantly improved “so we are
confident that the outstanding qualities of the new Vios
will further energize the market. Certainly, it takes
our passenger-car lineup to a whole new level.”
Aside
from Secretary Favila, other VIPs present were Kasuhiko
Takarada, managing officer of Toyota Motor Corp.; TMP
vice chairman Alfred Ty; TMP executive vice presidents
Kenji Nakashima and Kenji Kitamura; Mazakazu Nagai,
general manager for the Manila branch of Mitsui & Co.
Ltd.; Toyota Motor Asia-Pacific Co. Ltd. executive
managing coordinator Tadahisa Isono; TMP executive vice
president David Go; TMP first vice president Santos
Guerrero, senior vice president Daniel Isla and DTI
undersecretary Elmer Hernandez.
The
localization of Vios is expected to increase TMP’s
current monthly output of 1,100 units to 2,300 and will
also support local parts suppliers.
“Even at
the planning stage, TMC and TMP set out to achieve
maximum local procurement of parts like air-conditioning
units, tires, windshields and wheel discs in the
Philippines. I am glad to note that we have achieved
this objective already,” said TMC managing officer
Kazuhiko Takarada, who has been working closely with TMP
“to realize the high level of quality in all production
processes just like in Japan.”
The
all-new Vios is now available in five variants: 1.5G
leather automatic transmission priced at P811,000; 1.5G
automatic at P765,000; and manual transmission at
P730,000; 1.3E manual transmission at P649,000 and the
1.3J manual transmission at P575,000. It comes in seven
shades such as super white, medium silver metallic, red
mica metallic, beige metallic, grayish blue metallic,
black and silver metallic. |