Daihatsu Eyes New Plant In Indonesia To Make Budget Cars For Asia
Kyodo News, Osaka â€“ 16/02/2011
Daihatsu Motor Co. is considering opening a new plant in Indonesia to build low-priced small cars aimed at Asian markets in view of the rapid growth of Southeast Asian economies, company sources said Wednesday.
The new factory is expected to start operations as early as 2013 and have an annual production capacity of around 100,000 vehicles with an engine displacement of about 1000 cc and a price tag of 800,000 yen to 900,000 yen.
Some of the products would be supplied to group firm Toyota Motor Corp., the sources added.
Daihatsu is now gearing up to raise its annual output capacity at its existing production facilities in Indonesia to 330,000 units by May from the current 280,000.