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Toyota Motor Vietnam lined-off 400,000th vehicle

Released at: 10:50, 28/04/2017

Toyota Motor Vietnam lined-off 400,000th vehicle

Photo: TMV

Company's cumulative sales exceeded 412,000 motor cars as at 2016.

by Uy Vu

Toyota Motor Vietnam (TMV) lined-off the 400,000th vehicle on April 27, the firm officially announced.

This is an important milestone of TMV’s history of establishment and development which acknowledges the great efforts of TMV’s employees in bringing high quality cars to customers.

TMV’s factory in Vinh Phuc started the production in 1996 with the average volume of only 2 cars per day, up to now, with efforts to increase the production capacity, to improve production procedure and continuously enhance working skills, TMV has increased the production volume up to more than 170 cars per day. The production capacity has been continuously adjusted to satisfy the market’s demand, from 212 cars per day in 1996, the current average capacity has reached over 46,000 units per day. From 1996 to 2015, after 20 years, TMV has lined-off 300,000 vehicles to the market. And after only 2 years, the 400,000th unit is officially manufactured.

Photo: TMV

At this line-off ceremony on April 27, Mr. Toru Kinoshita – TMV President, shares: “TMV is a car manufacturer, so for us, how to develop the production and quality management enhancement is very important. Currently, with high-quality products and efforts of all members, TMV has been recognized as one of the leading automobile manufacturers, become the most favorite and beloved brand in Vietnam.”

After more than 21 years of operation in Vietnam, TMV has been developing in various fields such as production, sales and expansion of nation-wide authorized dealers/dealer branches. The accumulated sales of TMV by the end of 2016 reached over 412,000 vehicles (including CKD and CBU cars). From only first 8 engineers in 1996, TMV has created employment opportunities for nearly 1,800 TMV employees, more than 5,800 employees of 47 dealers/dealer branches and 35,000 employees of suppliers nation-wide.

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