Oct 01, 2012
Toyota parts centre leads new round of investment from manufacturerBack
DURBAN|Engineering|Africa|Components|Engines|Motors|Platinum|Projects|Toyota South Africa Motors|Africa|Europe|Algeria|South Africa|Durban Plant|NEW PARTS DISTRIBUTION WAREHOUSE|Prospecton Plant|Toyota Plant|Automotive|Motors|Infrastructure|Johan Van Zyl|Motors|Motors|South Africa
© Reuse this
“We will be looking at investing into the production of new models at the plant again, and expanding our business,” he told Engineering News Online at the opening of the parts centre, located in Ekurhuleni.
TSAM currently assembles the Hilux, Fortuner and Corolla models at its Prospecton plant, in Durban, which has the capacity to produce 220 000 units a year. It also assembles the Quantum minibus in a new investment programme announced earlier this year, set to expand soon.
“We’ll be making announcements as the projects come to fruition,” said Van Zyl.
He added that government’s new Automotive Production and Development Programme (APDP), active from 2013, provided a stable backdrop for TSAM’s investments, but that political and economical stability also played a role.
Van Zyl noted that recent labour unrest at the Marikana platinum mine, in which 46 people died, had tarnished South Africa’s image abroad.
“We have to ensure that we manage this situation well, and that we do not create a negative environment for investors.”
He added that Toyota remained positive about South Africa, and and that it would continue its investment programme into the country.
MUST INCREASE LOCAL CONTENT
“When we review the APDP, we’ll have to look at how we can improve local content and how we can build in more benefits for component manufacturers.
“We’ll have to look at engines and gear boxes, which would, of course, require large investments. And, we require these additional investments as the component sector is where the most jobs are created.”
Current local content on the Corolla was around 40%, and 60% on the Hilux.
Van Zyl said exports of these models from the Toyota plant were progressing steadily, with an improvement expected on last year’s numbers.
While debt-ridden Europe was proving a challenging market, Africa was growing steadily in its take-up from the Durban plant.
“Algeria will sell more than 400 000 vehicles this year,” noted Van Zyl.
“Africa’s middle class is starting to grow, and it is no longer only the State and semi-State institutions buying vehicles,” he adds.
NEW PARTS DISTRIBUTION WAREHOUSE
The new facility had 39 000 m2 of storage space and a further 3 000 m2 of office space. This area hosted the company’s customer service and logistic support divisions.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines
Other Intellectual Property Law News
Pharmaceutical companies typically invest substantial amounts of money into research and development. Their research, however, is not only aimed at discovering new active pharmaceutical ingredients (APIs). Instead, some companies make small modifications to existing...
A controversial patent process known as ‘ever-greening’ is being carried out by many pharmaceutical brands, and is preventing medications from being made available as generics, affecting many South Africans who are struggling to keep up with the cost of...
It has been over six years since the government began developing the draft policy on intellectual property (IP) that has been the focus of major public controversy following the PharmaGate scandal, which involved a leaked pharmaceutical industry email by Knowledge...
Updated 4 hours ago Responding in writing to a recent Parliamentary question by the Democratic Alliance, Transport Minister Dipuo Peters has provided an update for each of the country’s 13 bus-rapid transport (BRT) systems, noting that each network is at a different stage of...
Updated 4 hours ago The South African Real Estate Investment Trust (SA Reit) Association has called on the Competition Commission to intervene in undesirable exclusivity clauses in retail leases that were allowing retailers to stifle market share. The association’s members, which...
Updated 5 hours ago The first of a series of 15 public debates exploring options for the implementation of the National Development Plan (NDP) was officially inaugurated at the University of the Witwatersrand (Wits) School of Governance this week. In association with the Oliver and...
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
This Week's Magazine
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...