Toyota makes one millionth car in UK |
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| 19 April 2001: Toyota recently celebrated the one millionth car produced in its plant in Burnaston, UK. Toyota Motor Manufacturing UK (TMUK) began European production in December 1992. The half-million production mark was reached in 1998. Now, three years later, the one millionth Toyota car has rolled off the production line. The company also recently announced a further increase in production at TMUK. Toyota also produces engines in the UK, and recently announced that it intends to double engine production at its Deeside production facility by 2003. This underlines Toyota's basic philosophy of 'built where sold'. Market leader in Japan and Asia and number four car manufacturer in the US, the company is also determined to be a key player in Europe. Increased localisation is a key feature of its growth strategy. By 2005, Toyota plans to produce in Europe at least 50% of the cars it sells in the region. Its objective is to sell 800,000 units in Europe by 2005. The company had record sales of 652,800 units in 2000. |
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