10 Things Chairman Alfred Ty Revealed Virtually Toyota Motor Philippines

Influenza A virus subtype H5N1 change of leadership is oftentimes viewed either every bit a fourth dimension of neat hope or uncertainty. In the example of Toyota Motor Philippines though, it’s a exhibit of stability amidst the ever-changing automotive landscape. And piece most of the attending has been showered upon either outgoing President Satoru Suzuki or incoming President Atsuhiro Okamoto, this is an opportune fourth dimension to expect dorsum at some Toyota’s accomplishments inwards the Philippines.

During his message, Toyota Motor Philippines Chairman Alfred Ty seat out some of their accomplishments during the yesteryear 31 years as well as it shows how formidable the Japanese carmaker has instruct inwards the Philippines:

1. Toyota Motor Philippines has sold over 1.7 1 M one thousand vehicles since they started operations hither inwards 1989.
2. For the starting fourth dimension twenty years, they sold an average of 30,000 vehicles per year. In the concluding 10, that grew close 4 times to an average of 114,000 vehicles per year.
3. Last twelvemonth alone, they sold 162,011 units—enabling them to proceed their 18th straight Triple Crown (Best inwards Passenger Car Sales, Best inwards Commercial Vehicle Sales, Best inwards Overall Sales)
4. In the bridge of xxx years, the companionship made P 64 billion worth of investments, the most recent of which is P 5.42 billion to bring together the Philippine government’s Comprehensive Automotive Resurgence Strategy or CARS program.
5. The all-new Vios, Toyota’s entry into the CARS program, is straight off 58 percentage localized (including assembly costs), far higher than the regime mandated l percent.
6. While the carmaker doesn’t export fully-built cars, they practice provide other Toyota factories non only or as well as thus the Association of Southeast Asian Nations region, but Nippon every bit well. Last year, Toyota accounted for xxx percentage of Philippine auto parts exports, amounting to USD 1 billion.
7. There are to a greater extent than than 2,000 men as well as women direct employed yesteryear Toyota Motor Philippines, but over 55,000 people, if you lot include their network of dealers as well as local parts suppliers.
8. In 2019, they paid P 46.8 billion inwards diverse taxes as well as duties. Cumulatively, they paid P 384 billion since they started operations 31 years ago.
9. The Philippines is straight off the third largest marketplace for Toyota inwards the ASEAN, as well as the 9th largest inwards the world.
10. Toyota Motor Philippines was awarded amongst the Total Quality Award of the Philippines inwards 2019. It the highest grade of national recognition for exemplary organizational performance. It is non an abide by for production character or service quality, but for a character administration scheme which hinges on continuous improvement inwards the delivery of products and/or services, as well as provides a agency of satisfying as well as responding to customers’ needs as well as requirements.