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Toyota announces new investment in its French car plant

Toyota announces new investment in its French car plant

22.01.2018: • Toyota Motor Manufacturing France (TMMF) in Valenciennes to be upgraded to enable future production based on Toyota New Global Architecture (TNGA).

•    Toyota Motor Manufacturing France (TMMF) in Valenciennes to be upgraded to enable future production based on Toyota New Global Architecture (TNGA).


•     Investment of more than €300M in Toyota’s French manufacturing operations.


•    This enables the plant to ambition producing 300,000 vehicles annually in the future.


•    300 additional permanent contract
s will be created from this year, with the potential of another 400 permanent jobs when full capacity would be reached.





Toyota Motor Europe today announced that it will invest a further €300M in its Toyota Motor Manufacturing France (TMMF) car plant in Valenciennes (France), bringing total cumulative investment to €1.4B.



In the coming months, the facility will be progressively upgraded with new equipment, technologies and systems, to prepare the future introduction of the Toyota New Global Architecture (TNGA).



TMMF will in a first step convert 300 temporary contracts into permanent contracts to support the preparation works, and foresees another 400 permanent jobs when full capacity is reached.



 
“    We remain focused on strengthening the global competitiveness of our European plants. The roll-out of TNGA manufacturing capability is part of this plan. The upgrade of TMMF is a sign of confidence in our employees and suppliers, and their focus on superior quality and greater efficiency. We also appreciate French state and local authorities support.


Didier Leroy, EVP of Toyota Motor Corporation and Chairman of Toyota Motor Europe




    This announcement is a good sign for our continuous expansion in France and in Europe. In 2017, Yaris- labelled “Made in France” in 2012 - was again the most produced single model in France. I am fully convinced that this decision will reinforce Yaris’ position as the core of Toyota’s Brand in Europe.


Dr van Zyl, CEO of Toyota Motor Europe




    This investment highlights the trust of the Toyota Group in all our efforts to produce superior quality cars for our customers. The flexibility agreement signed in 2017 with our local unions contributed to this investment decision. This investment puts us in a position to eventually achieve our aim of 300,000 units/ year in the future.


Luciano Biondo, CEO of TMMF„



The investment programme is being supported by incentives from the French State and Local Authorities (Hauts-de-France Region and Valenciennes) for training, innovation and further enhancements of the plant’s environmental performance.



Toyota has launched a global programme to gradually upgrade its manufacturing sites to produce next generation, TNGA-based vehicles. In the future, the majority of Toyota’s global models will be built using TNGA platforms. TNGA already underpins the new, fourth generation Prius and the C-HR crossover, vehicles that represent Toyota’s commitment to build ever-better cars for our customers.



- Toyota Brussels

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22.01.2018 / MaP

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