With the aim of continuing to reaffirm its position as a producer and exporter base in the country, Toyota announced a 14% increase in the production volume of its Zárate plant. In this way, the Japanese company will exceed the maximum installed capacity of its plant.
The new production rhythm of the Toyota plant in Zárate has a “takt time” of 90 seconds, this means that every minute and a half a new Hilux or SW4 leaves the production line.
“This news means a new step for our sustainable project in the country, which is developed based on continuous and long-term improvement. Toyota's success is not the product of chance but of teamwork between governments, unions, employees, customers, suppliers and dealers that will also be a fundamental part in this new stage of growth ", said Daniel Herrero, President of Toyota Argentina.
After exceeding 125.000 units annually in 2017, Toyota aims to set a new production record of 143.000 units.
As part of the IMV (Innovative Multipurpose Vehicle) project, with the manufacture of Hilux and SW4 -which lead the Argentine market with a market share of 36% and 41,8% respectively-, the company exports 70% of its production to 21 countries in Latin America and the Caribbean. In 2017, Toyota's exports represented 41% of the total exports of the Argentine automotive industry.
In September of last year, within the framework of the latest expansion of its industrial estate in Zárate, Toyota also renewed its engine plant, allowing it to increase the volume of units by 155%, from a capacity of 30.000 engines per year. in 2017 to a capacity of 77.000 engines in 2018.
With more than 1,1 million Hilux and SW4 units produced in its plant since 1997, Toyota Argentina has an accumulated productive investment of more than 2.000 million dollars and a staff of 5.700 employees.