Camry Hybrid Production Begins in Taiwan
Last week Toyota Motor Corporation began production and sales of the Camry Hybrid in Taiwan for the domestic market.
Initially 7,000 units per year are to be produced at Toyota’s production affiliate in Taiwan, Kuozui Motors, Ltd. (Kuozui) of which Toyota owns a 65-percent share of the facility that also produces other Toyota models.
The plant has an overall capacity of 65,000 units, and Toyota says it will be the seventh hybrid-vehicle production facility outside of Japan. Base price for the Camry Hybrid in the Taiwanese market will be equal to around $36,000.
“We are very proud to begin production of the state-of-the-art Camry Hybrid at our Kuanying Plant,” said Kuozui President Haruaki Hoshino. “With environmental and energy-conservation consciousness in Taiwan rising every year, we hope to supply the Taiwanese market with as many hybrids as possible.”
For the U.S. market, the Camry Hybrid is made in Kentucky. Last year it sold 9,241 units and in anticipation of its improved redesign and reduced base price upon its launch last November, Toyota projected it should net a significantly higher proportion from the popular Camry line’s sales.